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" 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 304
de Horace Gay Wood - 1885 - 1953 páginas
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Albany Law Journal, Volume 24

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...
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Albany Law Journal, Volume 45

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...
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Albany Law Journal, Volume 24

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...
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United States Reports, Supreme Court: Cases Argued and ..., Volume 1;Volume 91

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...
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The National Bankruptcy Register Reports: Containing All the ..., Volume 13

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...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volume 42

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...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 103

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...
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The American and English Railroad Cases: A Collection of All the Railroad ...

Lawrence Lewis, Adelbert Hamilton, John Houston Merrill, William Mark McKinney, James Manford Kerr, John Crawford Thomson - 1882 - 706 páginas
...fide for a valuable consideration and without notice. It is publicly pledge-*] to those who deal with the corporation for their security. Unpaid stock is...as much a part of the assets of the company, as the casli which has been paid in upon it. Creditors have the same right to look to it as to anything else,...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 14

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,...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 10

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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