Grayville & Mattoon Railroad v. Burns

Citations

• 92 Ill. 302

Syllabus

<p>1. Monet had and deceived. In order to recover upon a count for money had and received, it must be shown that the defendant has received money for the use of the plaintiff.</p> <p>2. Evidence—declarations of directors of a corporation. It is not competent to show by the parol declarations of the individual directors of a corporation for what specific purpose a fund reserved in a contract made by the corporation was to be used. Such fund can be appropriated by the board of directors only.</p>