Middlesex Turnpike Corp. v. Swan

10 Mass. 384
CourtMassachusetts Supreme Judicial Court
DecidedNovember 15, 1813
StatusPublished
Cited by15 cases

This text of 10 Mass. 384 (Middlesex Turnpike Corp. v. Swan) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Middlesex Turnpike Corp. v. Swan, 10 Mass. 384 (Mass. 1813).

Opinion

Sew all, J.,

delivered the opinion of the Court.

This action being upon an express contract, this is to be sufficiently alleged, in point of consideration as well as promise, and is to be proved as it is alleged. The material allegations in the plaintiff’s declaration are their incorporation, and the authority to them to make a turnpike road in a particular direction specified by the statute; and a promise, on the part of the defendant, not only to take certain shares in the undertaking, but to pay all assessments which should be made thereon conformably to the act of incorporation.

The statute is to be considered as. expressing a grant of the legislature to the members of the corporation; and for the use of this road, when made, the corporation are to be entitled to certain tolls. And according to the further provisions of the statute, the expenditures are to be provided * for by as- [ * 387 ] sessments upon the individual members. For this purpose the corporation are enabled to vote and assess either prospect ive estimates of expense, or the amount of expenses actually in [386]*386curred; and the assessments, when paid, become deposits of stock according to the respective shares and interest of each corporator.

But shares are contemplated by the legislature as existing previous to the deposits of stock; for the remedy, and the only remedy, for the collection of assessments, is a sale of the shares of delinquent members, as directed by the statute. This is obviously a very inadequate remedy against those who refuse to pay assessments, and who are only known as proprietors of shares by their consent to become proprietors, and by subscribing or undertaking for any specified number of shares.

It was, however, determined, in the case of The Andover and- Medford Turnpike vs. Gould,

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Bluebook (online)
10 Mass. 384, Counsel Stack Legal Research, https://law.counselstack.com/opinion/middlesex-turnpike-corp-v-swan-mass-1813.