88 Mo. 82 | Mo. | 1885
The plaintiff brings this suit making the Shannon Land and Stock G-rowers’ Association, and the stockholders thereof, other than himself, defendants-
The testimony of Biser and Dameron is contradictory on many material questions, as indeed might be-expected, considering the character of the transactions in which they were engaged. It is quite clear that the-capital stock of the corporation was twelve thousand dollars, one-half paid up; that Dameron furnished this six thousand dollars, and that it was consumed in the pur-' chase of the first batch of fees. There is no satisfactory evidence that the money used in making the purchases-at the second sales was the money of the corporation ; on the contrary, we can come to no other conclusion than this, that the money was furnished by Dameron, and-that he purchased for himself, and on his own account. It would seem Dameron declined to furnish money tot purchase any more fees after the first batch, but in a conversation with Biser expressed a willingness to purchase, the printer’s fees for the second lot of suits on Ms own' account, and did so do in August, 1880. Biser then had authority from the publisher to sell his fees, or rather his right to make the publications and notices of sale, though Dameron negotiated with the- publisher direct, and not through Biser. The evidence of the officers'
It may be added that the parties on both sides of this suit, by their pleadings and in the argument at the bar of this court, have assumed and presented the case upon the theory that the transactions resulting in the «ale and purchase of the lands were entirely legitimate. We are not to be understood as giving any sanction or •acquiescence to that assumption or theory of those transactions.
Affirmed.