Hinsdale Electric Co. v. Ogle
Hinsdale Electric Co. v. Ogle
Opinion of the Court
delivered the opinion of the court:
This action was originally instituted by The Hinsdale Electric Light and Power Company and R. E. Peniston against the appellees, for the purpose of having surrendered and canceled four hundred shares of the capital stock of the plaintiff power company (a corporation), alleged to he treasury stock, and to have been issued illegally and surreptitiously by appellees to- one Johnson, and-, by him transferred to appellee Ogle, without giving any value therefor, and with notice, etc.; and also to enjoin appellees from voting it, as well as from voting or exercising ownership over two other shares of the capital stock of the power company, alleged to be owned by appellant Peniston, and by him caused to he issued, one share each to two other parties
Eeplication by plaintiffs denied the new matters in the answer. Thereafter, the plaintiff, The Hinsdale Electric Light and Power Company, filed its motion in writing, praying the action be dismissed against the defendants, upon which the court caused an order to be entered dismissing the action as to the plaintiff, the power company, at its cost. At the hearing upon this motion, January 26, 1904, the plaintiff, Peniston, was present by counsel, who participated in the argument; but the record is silent as to his position thereon. No objections or exceptions appear to have been made or taken by him to
Upon the following day, the canse again came on for consideration, at which time counsel for appellant, Peniston, demanded a trial of the opuse; counsel for the appellees then suggested to the court that, as the plaintiff, the power company, had dismissed the action as to it, there was no issue presented by the pleadings to be tried, and the action should be dismissed; to which the court stated:
“The court will hold that there is no issue to try in which the plaintiff, Peniston, is separately interested, and the judgment of the court will be that this cause be dismissed. The court has decided the validity of that stock in the case that we have just been discussing.”
Upon which, final judgment of dismissal was entered. Appellant Peniston appeals and has assigned two errors for our consideration, the first being the dismissal of said cause as to the appellant Peniston, •which we think is well taken. The complaint, when stripped of the allegations as to the interest of the power company regarding its four hundred shares, the conspiracy, wreckage, etc., still leaves the statements that appellees, or some of .them, have and are attempting to vote, control and use, in bankrupting the company, two shares of its capital stock belonging to the appellant, and that this stock, with the other owned by him, would give appellant Peniston a majority of the total. These, allegations were denied by the answer making a direct issue as to the title of the two shares between the appellant, Peniston, and some one or more of the appellees, also the question of the right to vote and control them, the result of which meant the control of the corporation ; and the prayer for general relief, if the allegations in the complaint were sustained, would entitle
The second assignment of error “in dismissing said cause as to the appellant, The Hinsdale Electric Light and Power Company, ’ ’ will not be considered, for the reason that no objection appears to have been made or exceptions taken upon such ruling; and, while it is true that section 387 of the Code dispenses with the necessity of taking exceptions to the ruling of the court upon certain written motions, it does not, in some instances, do away with the reason or necessity for making objections at the proper time in some appropriate way, for, as stated by Mr. Justice Elliott in the case of D. & R. G. R. R. Co. v. Ryan, 17 Colo., page 104:
“ • * * * that if counsel neglect to object or to point out errors occurring at the trial in such time and manner as will give opportunity for their correction, they will not,- in general, be heard to complain of such errors in a court of review.”
Being unable -to ascertain from the record the position of counsel for appellant at the time this
For the reasons stated, the judgment is reversed and the cause remanded.
Reversed and remanded.
Reference
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- The Hinsdale Electric Company v. Ogle
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