Farmers Union Exchange v. York
Nebraska Supreme Court
Farmers Union Exchange v. York, 119 Neb. 884 (Neb. 1930)
230 N.W. 953; 1930 Neb. LEXIS 133
Day, Dean, Good, Goss, Lightner, Rose, Thompson
Farmers Union Exchange v. York
Opinion of the Court
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.
Reference
- Full Case Name
- Farmers Union Exchange of Holdrege v. F. A. York
- Status
- Published