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)

Poppleton v. Wallace

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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