It is publicly pledged to those who deal with the corporation, for their security. Unpaid stock is as much a part of this pledge, and as much a part of the assets of the company, as the cash which has been paid in upon it. A Treatise on the Law of Railroads - Página 304de Horace Gay Wood - 1885 - 1953 páginasVisualização completa - Sobre este livro
| 1881 - 572 páginas
...fide for a valuable consideration and without notice. It is publicly pledged to those who deal with the corporation for their security. Unpaid stock is...Creditors have the same right to look to it as to any thing else, and the same right to insist upon its payment as upon the payment of any other debt... | |
| 1892 - 582 páginas
...it is distinctly stated that there is ,.;, difference between assets paid in and subscriptions; that "unpaid stock is as much a part of this pledge and...company as the cash which has been paid in upon it; that creditors have the same right to look to it as to any thing else, and the same right to insist... | |
| 1881 - 572 páginas
...fide for a valuable consideration and without notice. It is publicly pledged to those who deal with the corporation for their security. Unpaid stock is...of the assets of the company, as the cash which has benn paid in upon it. Creditors have the same right to look to it as to any thing else, and the same... | |
| United States. Supreme Court - 1876 - 802 páginas
...fide for a valuable consideration and without notice. It is publicly pledged to those who deal with the corporation, for their security. Unpaid stock...Creditors have the same right to look to it as to any thing else, and the same right to insist upon its payment as upon the payment of any other debt... | |
| William A. Shinn - 1876 - 624 páginas
...fide for a valuable consideration and without notice. It is publicly pledged to those who deal with the corporation, for their security. Unpaid stock...part of this pledge and as much a part of the assets cf the company as the cash which has been paid in upon it. Creditors have the same right to look to... | |
| New York (State). Superior Court (New York), James Clark Spencer, Samuel Jones - 1878 - 636 páginas
...SWAYNE, J., in Sanger v. Upton, supra, "Unpaid stock is as much a part of this pledge (trust fund) and as much a part of the assets of the company, as the cash which has been paid in upon it. As regards creditors there is no dis^ tinction between such a demand and any other asset which may... | |
| United States. Supreme Court - 1881 - 948 páginas
...fide for a valuable consideration and without notice. It is publicly pledged to those who deal with the corporation for their security. Unpaid stock is...else, and the same right to insist upon its payment aa upon the payment of any other debt due the company. As regards creditors, there is no distinction... | |
| 1884 - 628 páginas
...debts. . . . The creditors have a lien on it in equity. It is publicly pledged to those who deal with the corporation for their security. Unpaid stock is...company, as the cash which has been paid in upon it." It is also entirely clear that the creditors of an insolvent corporation may compel, by bill in equity,... | |
| 1884 - 1062 páginas
...they may follow it as far as it can bo traced, and subject it to the payment of their claims, etc. Unpaid stock is as much a part of this pledge and...of the company as the cash which has been paid in npon it." But perhaps the strongest application of this doctrine is to be found in The Railroad Co.... | |
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