Court Opinion

ID: 7035165
Source: CourtListenerOpinion
Date Created: 2022-07-24 06:44:51.73157+00
Date Added: 2024-06-11T16:11:07.217599
License: Public Domain

Perkins, J.
Harriman sued Southam to recover a tract of Tand. Harrimam owned the land in question in 1851, and conveyed it to the Fort Wayne and Soitthern Railroad Company for stock. A judgment was obtained against the company, the land sold on execution by virtue of it, and Southani became the purchaser.
According to the,answer, there never was a corporation in this Strife by the name of the '■'•Fort Wayne and Southern Railroad Company,” acting under color of authority. The State v. Dawson et al., at this term.
Hence, there was no grantee to receive the title attempted to be conveyed by Harriman. “A title by deed implies a contract, or at least competent parties. A deed to a person having no existence is generally inoperative, and passes no title from the grantor.” “If a man grant his estate to an imaginary corporation, which exists only in his own mind, no title passes.” Russell v. Topping, 5 McLean, 202.
The doctrine of estoppel does not apply in this case. In *191Jones v. The Cincinnati Type Foundry Co., 14 Ind. 89, it is said, touching contracts with corporations:
C. B. Smith, W. J. Smith and If. L. Bundy, for the appellant.
J. H. Mellett and E. B. Martindale, for the appellee.
. “ The doctrine of conclusive estoppel seems more properly-applied to eases involving the question of legality of organization, where the fact of an existing statute authorizing, in the given case, such corporation, is known to the Court, either by judicial notice, or actual evidence in the cause.”
In such cases, the power existing, the regularity of its exercise is admitted by the person contracting with the corporation. Here, there was no grant of power existing for the creation of the corporation pretended to be organized, and hence no even irregularly organized corporation.
The consequence is, no title passed from Harriman, and the land still remains his.
Per Curiam.
The judgment is reversed, with costs. Cause remanded for further proceedings.

 The averments of the answer, as to the corporate existence of the Fort Wayne and Southern Railroad Company, were as follows, viz., “ That the said Fort Wayne and Southern Railroad Company was at that time a corporation, organized under a special charter passed by the Legislature of the State of Indiana in the year 1849, and organized on the first day of June, 1852, to which the plaintiff might legally convey.