Nebraska Supreme Court, 1930

Farmers Union Exchange v. York

Farmers Union Exchange v. York
Nebraska Supreme Court · Decided May 2, 1930 · Day, Dean, Good, Goss, Lightner, Rose, Thompson
119 Neb. 884; 230 N.W. 953; 1930 Neb. LEXIS 133

Farmers Union Exchange v. York

Opinion of the Court

Per Curiam.

This is an action by plaintiff corporation and its directors to recover a 100 per cent, assessment on the paid-up stock of defendants in the corporation. The stock in question was nonassessable, but plaintiffs allege that such assessment was authorized by the board of directors- and stockholders. The district court for Phelps county found in favor of -defendants and plaintiffs have appealed.

We have carefully examined the record and find the same to be free from prejudicial error. The judgment of the district court is therefore

Affirmed.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.