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Home > The Texas Reports (Volume 109); Cases Argued and Decided in the Supreme Court of the State of Texas: (English)
The Texas Reports (Volume 109); Cases Argued and Decided in the Supreme Court of the State of Texas: (English)

The Texas Reports (Volume 109); Cases Argued and Decided in the Supreme Court of the State of Texas: (English)

          
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About the Book

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1920. Not illustrated. Excerpt: ... profession, one authorized under the laws of this State to practice medicine and surgery, he has filled the full measure of his contract, and can not be held liable in damages for any want of skill or malpractice on the part of the physician or surgeon employed." In our opinion, there was no error in the charge of the court nor in the refusal of the charges requested, and finding no other reversible error in the record, it is ordered that the judgment of the Court of Civil Appeals be reversed and that the judgment of the District Court be affirmed. Reversed and judgment of District Court affirmed. Nat M. Washer V. J. F. Smyer Et Al. No. 2931. Decided April 17, 1919. 1. --Corporation--Stock--Property Received--Note of Subscriber. A note given to a corporation by a subscriber in payment for stock issued to him does not constitute "property actually received" within the meaning of the Constitution (art. 12, sec. 6), which forbids stock to be issued except for money paid or such property. The capital stock of a corporation should represent something other than obligations of its subscribers to pay for their stock. (Pp. 403, 404.) 2. --Same--Secured Note--Query. Whether the note of a stockholder, amply secured by mortgage and constituting a form of property in which by express statutory authority the corporation cotild invest its capital, could be taken by it as property received for its stock is questioned, but not decided. (P. 404.) 3. --Same--Innocent Holder. A negotiable note secured by mortgage, given to a corporation by a subscriber in payment for stock issued to him, though treated as illegally issued and not for "property received" within the meaning of the Constitution, would still be enforcible against the maker in the hands of an innocent purchaser. (Pp. 4...


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Product Details
  • ISBN-13: 9781153836425
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 360
  • Series Title: English
  • Weight: 644 gr
  • ISBN-10: 1153836424
  • Publisher Date: 10 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 19 mm
  • Width: 189 mm


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The Texas Reports (Volume 109); Cases Argued and Decided in the Supreme Court of the State of Texas: (English)
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