46 P. 1026 | Idaho | 1896
This is an appeal from a judgment of the district court for Bannock county. The facts are substantially as follows, as shown by the record: In August, 1891, the defendant was, and for some time previous to that date, had been, a corporation organized under the laws of Idaho, and doing business in this state. Being in need of money to carry on the business in which they were engaged, and not being able to procure the same upon the credit of the corporation, at a stockholder meeting, held on the fifth day of August, 1891, the following record was made: “Meeting called to devise means to raise money to satisfy a judgment rendered in district court against the Artesian Well and .Drilling Company in favor of the Carlisle Manufacturing Company df Carlisle, Pennsylvania. It was moved and seconded that a note payable at the First Na
It is claimed by appellant that the findings and judgment of the court are not supported by the evidence, because: First. The plaintiff and three other persons made their note to the First National Bank of Pocatello for a certain sum of money, which they procured and loaned to the defendant corporation. That there was no privity or contractual relation between the plaintiff