 | 1894 - 1120 páginas
...without exhausting his legal remedies. He then claimed the benefit of the many decisions to the effect that the capital stock of a corporation is a trust fund for the benefit of creditors and insisted that it is a necessary conclusion from these premises that a corporate... | |
 | Seymour Dwight Thompson - 1895 - 1136 páginas
...their destruction in the event of their becoming embarrassed. Moreover, when we recur to the doctrine that the capital stock of a corporation is a trust fund for the payment of its creditors,1 it becomes' clear that these courts will not permit this fund to be frittered away by collusive... | |
 | Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1895 - 782 páginas
...considering the questions involved in this case, we recognize the following well settled principles: 1st. The capital stock of a corporation is a trust fund for the payment of its creditors. Sawyer v. Hoag, 84 U. S. (17 Wall.) 610; Upton v. Tribileock, 91 US 45; Sanger v. Upton,... | |
 | 1895 - 914 páginas
...meant * Ihrlng, cited by Committee of Am. Bar ABSOC., p. 835 of Vol. XIV of reports. by the proposition that the capital stock of a corporation is a trust fund for the payment of creditors, as it is that he should know the points of distinction between a contingent remainder and... | |
 | Tennessee. Supreme Court, William Wilcox Cooke, Joseph Brown Heiskell, Jere Baxter, Benjamin James Lea, George Wesley Pickle, Charles Theodore Cates, Frank Marian Thompson, Charles Le Sueur Cornelius, Roy Hood Beeler - 1895 - 804 páginas
...453; 85 Tenn., 438; 91 Tcnn., 54), and no objection is here made to that action. It is well settled that the capital stock of a corporation is a trust fund for the payment of corporate debts; and that stock subscribers are liable to creditors of the company for unpaid subscriptions... | |
 | Washington (State). Supreme Court, Eugene Genroy Kreider - 1895 - 802 páginas
...Jan. 1895.] Opinion of the Court — DUNBAR, CJ stock of an incorporated company is a fund set apart for the payment of its debts. It is a substitute for the personal liability which subsists in private copartnerships. When debts are incurred, a contract arises with the creditors... | |
 | 1895 - 1210 páginas
...Upton, 91 US 50, where the court says: "The capital stock of an incorporated company is a fund set apart for the payment of Its debts. It is a substitute for the personal liability which exists in private copartnerships. When debts are Incurred, a contract arises with the creditors... | |
 | Seymour Dwight Thompson - 1895 - 1202 páginas
...Withdrawing the Capital of the Corporation Bound to Make It Good. — The doctrine, so much enlarged upon, that the capital stock of a corporation is a trust fund for its creditors, implies that a stockholder will not be permitted, as against creditors of the corporation,... | |
 | Abraham Clark Freeman - 1895 - 1054 páginas
...the dissolution of the corporation. CORPORATIONS — CAPITAL STOCK — POWER or DIRECTORS OVER. — The capital stock of a corporation is a trust fund for the benefit and security of the corporate creditors; and the directory or governing body of the corporation... | |
 | New York (State). Supreme Court. Appellate Division - 1911 - 1126 páginas
...equitable remedy. {Mann v. Cooke, 20 Conn. 178.) The capital stock of a corporation is a fund set apart for the payment of its debts. It is a substitute for the personal liability which subsists in private copartnerships. The creditors have a lien upon it in equity. Unpaid stock... | |
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The capital stock of an incorporated company is a fund set apart for the payment of its debts. It is a substitute for the personal liability which subsists in private copartnerships. When debts are incurred, a contract arises with the creditors that it... 
