Supreme Court of the United States, 1906

Poppleton v. Wallace

Poppleton v. Wallace
Supreme Court of the United States · Decided April 2, 1906 · Brewer
201 U.S. 245; 26 S. Ct. 498; 50 L. Ed. 743; 1906 U.S. LEXIS 1511 (United States Reports)

Counsel

Mr. Richard 8. Horton for appellant.1, Mr. James M. Woolworth and Mr. R. S. Hall for appellees, submitted.1

Poppleton v. Wallace

Cases that cite this one

4 later published cases cite this decision.

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Opinion

Mr. Justice Brewer:

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.

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