Wardner, Etc., Co. v. Jack
Supreme Court of Iowa · 1891-05-15 · cited 5×
The case concerned a lawsuit by an Ohio corporation against defendant Jack to enforce a contract for the delivery of promissory notes in exchange for flax or grain, where the defendant's husband had signed her name to the agreement. The trial court overruled the defendant's objections to evidence including the plaintiff's articles of incorporation and the contract itself, and entered judgment for the plaintiff, which the appellate court affirmed. The court reasoned that under Iowa Code provisions on pleading, the articles were properly admitted to show corporate capacity since the answer did not specifically state contrary facts; the defendant was estopped from denying the contract's validity due to ratification by accepting its benefits; corporate contracts are presumed valid and within the entity's powers absent contrary proof; and related documents like a receipt were admissible to show ratification while certain cross-examination was irrelevant.