Lawrence v. Smith
Lawrence v. Smith
Opinion of the Court
The instrument upon which the plaintiff sues isas follows:
“This note to be due and payable when the cars run to the depot above named, within the time above stipulated, and on such payment the G. & M. R. R. Company agree, to issue to the maker of this note a certificate of stock for each one hundred dollars mentioned in this note; but if said road be not completed, within the time above named, this note to be void, and on demand returned to the maker. Said road to be standard guage.”
The articles of incorporation of the railroad company in question, which were introduced in evidence, declare the ob
“Under the articles of incorporation and the note or contract si:ed on, the plaintiff is entitled to recover, if he has shown that the Grinnell & Montezuma Eailroad Company constructed its road on the line between Grinnell and Montezuma, from Montezuma, a distance of thirteen miles, to intersect with the Central Iowa Eailroad at a point three and one-half miles south of Grinnell, and that the cars were running on such road bj it built and over said Central Iowa Eailroad, under a lease, between said point of intersection and Grinnell, to the depot at Montezuma, before January 1st, 1876, and that prior to that time and continuously since, said railroad, and by such means, has established and maintained railroad communication between said two points, it being conceded that defendant has been tendered the stock called for in the contract.”
In this action the court erred. It was competent to show by the subscription papers, taken by the defendant to its stock, that the Grinnell & Montezuma Eailroad was a railroad to be built from Grinnell to Montezuma. It was also competent to show the declaration of the agent of the defendant, who pro
Case-law data current through December 31, 2025. Source: CourtListener bulk data.