Opinion

Brown v. Cruce

  • 44 Okla. 192
  • 143 P. 1154
  • 1914 OK 512
  • 1914 Okla. LEXIS 671
Court
Supreme Court of Oklahoma
Filed
Oct 27, 1914
Status
Published
Author
Brewer
On the bench
Brewer, Taylor
Cited by
0 cases
Authority
More cited than 0.0%

The opinion

Opinion by

BREWER, C.

This is a suit filed by Stephen Brown, as plaintiff, in the district court of Oklahoma county, against Lee Cruce and a score of other individuals as defendants, who, it is alleged, were the organizers and stockholders of a corporation known as the “Oklahoma Jamestown Exposition Company,” but that for the reason that the statutes did not, at the time, authorize the formation of a corporation for the purposes expressed in the charter of this one, the incorporators were general partners, and answerable individually for any indebtedness contracted by the pretended corporation. The defendants below demurred to the petition, and the same was sustained by the court, from which order the plaintiff prosecutes this appeal.

The questions involved in this case are identical with those involved in

Watton v. Cruce et al.,

ante, 143 Pac. 1152 , in which case it is said in the syllabus:

“A

private corporation, promoted to 'collect, arrange, -classify, and display at the Jamestown Exposition the agricultural, hor

*194

ticultural, mineral, manufacturing, and other divers resources of the state of Oklahoma,’ is educational in its primary object, and was authorized to be formed under section 930 of the Statutes of 1893, as amended by the ‘act of March 3, 1903, providing that private corporations may be formed for the purpose of 'mining, manufacturing, and other industrial pursuits, * * * literary, educational, scientific and historical associations.’ Neither the stockholders nor the officers ánd directors of such corporation are liable as partners for its debts.”

The decision in the case quoted from controls the decision here, and this results in an affirmance of the case.

By the Court: It is so ordered.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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