Poppleton v. Wallace

Supreme Court

Poppleton v. Wallace

201 U.S. 245, 26 S. Ct. 498, 50 L. Ed. 743, 1906 U.S. LEXIS 1511

CourtSupreme Court of the United States

DecidedApril 2, 1906

Docket194

StatusPublished

Cited by5 cases

This text of 201 U.S. 245 (Poppleton v. Wallace) is published on Counsel Stack Legal Research, covering Supreme Court of the United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Poppleton v. Wallace, 201 U.S. 245, 26 S. Ct. 498, 50 L. Ed. 743, 1906 U.S. LEXIS 1511 (1906).

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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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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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Bluebook (online)

201 U.S. 245, 26 S. Ct. 498, 50 L. Ed. 743, 1906 U.S. LEXIS 1511, Counsel Stack Legal Research, https://law.counselstack.com/opinion/poppleton-v-wallace-scotus-1906.

Opinion

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