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" But debts owing by corporations, like debts owing by individuals, are not property of the debtors in any sense ; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in their hands... "
The Eastern Reporter: Containing All the Decisions of the States of Maine ... - Halaman 100
1887
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Albany Law Journal, Volume 7

1873 - 532 halaman
...may be taxed like natural persons upon their property and business. But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense ; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 15

United States. Supreme Court - 1873 - 740 halaman
...natural persons, upon Opinion of the court. their property and business. But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense ; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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Some Account of the Work of Stephen J. Field: As a Legislator, State Judge ...

Chauncey F. Black, Samuel B. Smith - 1881 - 556 halaman
...may be taxed like natural persons upon their property and business ; but debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense. They are obligations of the debtors and only possess value in the hands of the creditors. With them they are property, and in their...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 91

North Carolina. Supreme Court - 1884 - 738 halaman
...may be taxed like natural persons upon their property and business. But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense. They are obligations of the debtors and only possess value in the hands of the creditors. With them they are property and in their...
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The Pacific Reporter, Volume 61

1900 - 1164 halaman
...with his usual clearness in the latter case, arid is thus given: "But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense. They are obligations of the debtors, and only possess value in the hands of the creditors. ЛУНИ them they are property, and...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 6

1885 - 890 halaman
...be taxed, like natural persons, upon their property and business. But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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The Southwestern Reporter, Volume 11

1889 - 1288 halaman
...be taxed, like natural persons, upon their property and business. But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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The New York Supplement, Volume 78

1903 - 1258 halaman
...Held Bonds Case, 15 Wall. 300, 21 L. Ed. 179, where the court say: "But debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 87

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 - 1889 - 884 halaman
...be taxed, like natural persons, upon their property and business; but debts owing by corporations, like debts owing by individuals, are not property...debtors in any sense ; they are obligations of the debtors, and only possess value in the hands of the creditor. With them they are property, and in their...
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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 - 1890 - 766 halaman
...taxed, like natural persons, upon their property and business. But debts •owing by corporations, like debts owing by individuals, are not property...debtors in any sense ; they are obligations of the debtors, and only possess value in the hands of the creditors. With them they are property, and in...
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