Michigan Supreme Court April 15, 1886 (First National Bank v. E. T. Barnum Wire & Iron Works)

Sherwood, J.

The defendant E. T. Barnum Wire & Iron Works was a corporation, having a capital stock paid in, prior to February, 1884, of $279,750.

At that date the company consisted of fifteen stockholders, among whom were the defendants Lucetta R. Medbury, William Gr. Thompson, Charles H. Thompson, and Henry M.