POPPLETON
v.
WALLACE

U.S. | 1906-04-02
No. 194
201 U.S. 245 Supreme Court of the United States (1906) Caution
Also reported at: 50 L. Ed. 743 · 26 S. Ct. 498 · 1906 U.S. LEXIS 1511 · SCDB 1905-096
Cited by 67 cases

Opinion of the Court
Mr. Justice Brewer:

Mr. Justice Brewer:

This case is also an appeal by a stockholder from the same decree, and presents only-this difference: This stockholder voted against the, resolutions passed by the stockholders looking to a volunta^ liquidation. There is, therefore, nothing of a personal estoppel to be adjudged against him, but we do not think that that-is material. The requisite amount of stock was voted in favor of what was done ’ in the way of voluntary liquidation, and he as a stockholder is bound by that, although personally he dissented from the action. The same decree of affirmance will be entered in this case.

Cases With Similar Vibessemantic neighbors from the corpus


Citator

Cited By (37 total)

  • …tion is notably wide in the classification of property for purposes of taxation and the granting of partial or total exemptions upon grounds of policy. Bell’s Gap R. R. Co. v. Pennsylvania, 134 U. S. 232, 237; Michigan Central R. R. Co. v. Powers, 201 U. S. 245, 293; Keeney v. New York, 222 U. S. 525, 536; Citizens’ Telephone Co. v. Fuller, 229 U. S. 322, 329; Northwestern Life Ins. Co. v. Wisconsin, 247 U. S. 132, 139. Nevertheless, a discriminatory tax law cannot .be sustained against the complaint of a…
  • NEW York v. Reardon, 204 U.S. 152 (U.S. 1907)
    …greatest caution. The general expressions of the Amendment must not be allowed to upset familiar and long-established methods and processes by a formal elaboration of rules which its words do not import. See Michigan Central Railroad Co. v. Powers, 201 U. S. 245, 293. Stamp acts necessarily are confined to certain classes of transactions, and to classes which, considered economically or from the legal or other possible points of view, are not very different from other classes that escape. You cannot have a…
  • Shaffer v. Carter, 252 U.S. 37 (U.S. 1920)
    …It is obvious,, that it is an incident of sovereignty, and is co-extensive with that to which it is an incident. -All subjects over which the sovereign power of a State extends, are objects of taxation,” etc. In Michigan Central R. R. Co. v. Powers, 201 U. S. 245, the court, by Mr. Justice Brewer, said (pp. 292, 293): “We have had frequent occasion to consider questions of state taxation in the light of the Federal Constitution, and the scope and limits of National interference are well settled. There is no…

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