Chicago Building & Manufacturing Co. v. Butler

78 S.E. 244, 139 Ga. 816, 1913 Ga. LEXIS 620
Supreme Court of Georgia·Decided April 16, 1913·Published·Cited by 25 cases

Opinion

Hill, J.

The Chicago Building and Manufacturing Company brought suit against F. J. Butler and eighteen others, and alleged that the defendants were subscribers to a contract wherein each agreed to pay $100, subject to the conditions of the contract, the material portions of which are hereinafter set out. The defendants were alleged also to be members of the Greensboro Creamery Association, referred to in the contract as the first party thereto. By the terms of the contract the plaintiff was to erect, build, equip, and deliver to the defendants a butter factory, in consideration of the purchase-price of $4,950. The contract stipulates that “For any unpaid or deferred balance of subscription all delinquent subscribers are jointly liable.” It is also provided that when “any payment is deferred, all necessary costs of collection and [818] discount may be included, should second party so desire. All remaining subscriptions or note balance, after said association’s entire indebtedness to second party has been so paid, shall be duly assigned to the said corporation for a working capital.” Also, “Pursuant to the laws of his State and these conditions, it is agreed that each stockholder shall be liable for the amount of stock set opposite his or her name, and no more.” It was alleged that all the defendants signed and subscribed to said contract, or authorized their signatures and subscriptions thereto, and became bound by the terms of the contract, and were each severally liable on the contract, as members .of the Greensboro Creamery Association, to the plaintiff for the balance due, amounting to $2,000, besides 33-1/3%' of the amount recovered, which the plaintiff agreed to pay its attorneys of record. The prayer of the petition was for a joint and several judgment against all the defendants for principal, interest, and attorney’s fees.

The defendants filed their plea of non est factum; 'and set up that the alleged contract was obtained from them by the agents of the plaintiff through fraud, in that the subscription-list paper was folded by the plaintiff’s agents so as to conceal from defendants the written contract on the other side, and by certain misrepresentations made by those agents as to matters not embraced in the contract; that the figures “1” to “100,” representing respectively the number of shares of stock and the price thereof, appearing opposite their names, were not on the paper when they signed, and were not placed there by their consent or with their knowledge; and that the paper the defendants signed was a blank sheet containing only the names of a sufficient number, as the agents of the plaintiff represented, to insure the building of the plant, and defendants did not know they were signing a contract' with conditions as set out in the contract sued on. Demurrers in abundance were filed by both the defendants and the plaintiff, some of which were sustained and some overruled by the court. After much evidence pro and con, the ease went to the jury, which returned a verdict for all the defendants. A motion for a new trial was overruled, and the plaintiff excepted.

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Chicago Building & Manufacturing Co. v. Butler, 78 S.E. 244, 139 Ga. 816, 1913 Ga. LEXIS 620 (Ga. 1913).

78 S.E. 244 (Chicago Building & Manufacturing Co. v. Butler) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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