When a corporation becomes insolvent, it is so far civilly dead that its property may be administered as a trust fund for the benefit of its stockholders and creditors. A court of equity, at the instance of the proper parties, will then make those funds... The American and English Encyclopaedia of Law - Seite 65herausgegeben von - 1898Vollansicht - Über dieses Buch
| 1904 - 1148 Seiten
...131. Says Mr. Justice Bradley in Graham v. Railroad, 102 US 148, 26 L. Ed. 106: "When a corporation becomes insolvent. It Is so far civilly dead that...property of the corporation as any man's property la." Commenting upon this in Hollins v. Briarfield Coal & Iron Co., 150 US 371, 14 Sup. Ct. 127, 37... | |
| 1895 - 2084 Seiten
...possession were the same, said that: "When a corporation becomes Insolvent It Is so far civilly elend that its property may be administered as a trust fund...of the corporation as any man's property Is his." And in Railway Co. v. Ham, 114 US 587, 594, 5 Sup. Ct 1081, the language of the court was: "The property... | |
| United States. Supreme Court - 1881 - 822 Seiten
...becomes insolvent, it is so far civilly dead, that its property may be administered as a trust-fund for the benefit of its stockholders and creditors....of the proper parties, will then make those funds trust-funds, which, in other circumstances, are as much the absolute property of the corporation, as... | |
| United States. Supreme Court - 1881 - 836 Seiten
...corporate rights, not adverse to the corporate interests, but coincident with them. When a corporation becomes insolvent, it is so far civilly dead, that its property may be administered as a trust-fund for the benefit of its stockholders and creditors. A court of equity, at the instance of... | |
| 1881 - 556 Seiten
...corporate rights, not adverse to the corporate interests, but coincident with them. When a corporation becomes insolvent, it is so far civilly dead that its property may be administered as a trust-fund for the benefit of its stockholders and creditors. A court of equity, at the instance of... | |
| 1908 - 1082 Seiten
...fact of insolvency, cf. McDonald v. Receiver, supra, hut more is needed : Hollis v. Iron Co., supra. "A Court of Equity, at the instance of the proper parties, will then (after insolvency) make those funds trust funds:" Graham v. RR Co., supra. No other view would be consistent... | |
| United States. Supreme Court - 1885 - 1302 Seiten
...corporate rights, not adverse to the corporate interest*, but coincident with them. When a corporation becomes insolvent, it is so far civilly dead, that...property may be administered as a trust fund for the benent of its •'••ckboldere and creditors. A court of equity, >t the instance of the proper parties,... | |
| 1894 - 1266 Seiten
...corporate rights, not adverse to the corporate interests, but coincident with them. "When a corporation becomes insolvent, it Is so far civilly dead that...circumstances, are as much the absolute property of the corpora- M tion as any man's property Is his." g »With reference to the suggestion in this* last paragraph,... | |
| 1890 - 1130 Seiten
...corporation becomes insolvent, it is so far civilly dead that ita property may be administered as a trustfund for the benefit of its stockholders and creditors....will then make those funds trust funds, which, in othercircu instances, are as much the absolu te property of the corporation as any man's property is... | |
| 1899 - 962 Seiten
...located? It Is an established rule of equity that, •when a corporation becomes Insolvent, It Is во far civilly dead that Its property may be administered...for the benefit of Its stockholders and creditors (Graham v. Railroad Co., 102 US 148, 161),— not simply of stockholders and creditors residing In... | |
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