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23 Law Bull. St. U. Iowa 1 (1897)

handle is hein.journals/lawbultn23 and id is 1 raw text is: THE LAW BULLETIN OF THE STATE UNIVERSITY OF IOWA NUMBER TWENTY-THREE IFEIBRUAR'Y 1897 QUESTIONS IN THE LAW OF PRIVATE CORPORATIONS. i. The Mississippi Navigation Company was regularly incorporated under the laws of Iowa. The incorporator. were ten in number, and among them was one A, who was the owner of ten shares of stock. A was indebted to B in the sum of ten thousand dollars. B caused an attachment to be levied on the steamboat Dauntless, which was one of the boats operated along the Mississippi by the above named corporation. The company intervened in their corporate capacity and claimed the Dauntless as their property. The existence of the company as a corporation being recognized and the ownership of the boat being admitted to be in the company, does A who owned ten shares of the capital stock of said company possess such certain and distinct individual