Hyperlawhypertext legal databasebeta Poppleton v. Wallace 201 U.S. 245

← Cases

Poppleton v. Wallace

201 U.S. 245 Court SCOTUS Decision date 1906-04-02 Docket No. 194 English

Delivered by Brewer J.

Contents

Majority — Brewer J.

p. 245
POPPLETON v. WALLACE.

Syllabus

APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE EIGHTH • 'CIRCUIT,
No. 194.
Argued March 6, 1906.
Decided April 2, 1906.
Decided on authority of Wyman v. Wallace, ante, p. 230.
Mr. Richard 8. Horton for appellant.[1]
Mr. James M. Woolworth and Mr. R. S. Hall for appellees, submitted.[1]

This case is also an appeal by a stockholder from the same decree, and presents only-this difference: This stockholder voted against the, resolutions passed by the stockholders looking to a volunta^ liquidation. There is, therefore, nothing of a personal estoppel to be adjudged against him, but we do not think that that-is material. The requisite amount of stock was voted in favor of what was done ’ in the way of voluntary liquidation, and he as a stockholder is bound by that, although personally he dissented from the action. The same decree of affirmance will be entered in this case.