 | 1874 - 752 halaman
...stock or shares of a corporation, especially the unpaid subscription to such gtock or share, constitute a trust fund for the benefit of the general creditors of the corporation, and this trust can not be defeated by a simulated payment of the stock subecription, nor by any device... | |
 | United States. Supreme Court - 1874 - 738 halaman
...shares of a corporation— especially the unpaid subscriptions to such stock or shares — constitute a trust fund for the benefit of the general creditors of the corporation. 2. This trusi, cannot be defeated by a simulated payment of the stock subscription, nor by any device... | |
 | 1875 - 722 halaman
...Though it be a doctrine of modern date, we think it now well established that the capital stock of a corporation, especially its unpaid subscriptions,...instrumentalities of the commercial and business world in the last four years, with the corresponding necessity of adapting legal principles to the new and varying exigencies... | |
 | William A. Shinn - 1875 - 624 halaman
...Though it be a doctrine of modern date, we think it now well established that the capital stock of a corporation, especially its unpaid subscriptions,...instrumentalities of the commercial and business world in the last four years, with the corresponding necessity of adapting legal principles to the new and varying exigencies... | |
 | Orlando Bump - 1877 - 1050 halaman
...could impeach. (Sawyer v. Hoag. 9 B. R. 145; sc 3 Biss. 293; в. c. 17 Wall. 610.) The capital stock of a corporation, especially its unpaid subscriptions,...benefit of the general creditors of the corporation. The assignee has a right to inquire into a conventional payment of his stock by one of the shareholders... | |
 | Jabez S. Holmes - 1877 - 596 halaman
...Sawyer v. Ifoag, Mr. Justice Miller, speaking of the doctrine that the capital stock of a corporation is a trust fund for the benefit of the general creditors of the corporation as a doctrine of modern date, very pertinently adds: "When we consider the rapid development of corporations... | |
 | Iowa. Supreme Court - 1877 - 776 halaman
...Ladd, for appellants. The capital stock of a corporation, and especially its unpaid subscriptions, are a trust fund for the benefit of the general creditors of the corporation. (Sawyer v. Hoag, 17 Wall., 610.) The governing offices of a corporation cannot, by agreement or other... | |
 | Isaac Grant Thompson - 1878 - 860 halaman
...other stockholder." The subscribed capital stock of a corporation, as also all its other property, is a trust fund for the benefit of the general creditors of the corporation, and its governing officers cannot, by agreement with a stockholder, release him from his obligation to... | |
 | American Bar Association - 1884 - 346 halaman
...and restricted to certain prescribed modes. The capital stock or shares of the corporation constitute a trust fund for the benefit of the general creditors of the corporation, and the subscriptions to this can only be fulfilled by a bond fide payment, in conformity with the contract.*... | |
 | Jere Baxter - 1879 - 750 halaman
...claim the bonds, or their proceeds, into which the coin of the Bank of Tennessee had been turned, as a trust fund for the benefit of the general creditors of the bank. The State, it is obvious, was in this so-called cross-bill, occupying a position antagonistical... | |
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Though it be a doctrine of modern date, we think it now well established that the capital stock of a corporation, especially its unpaid subscriptions, is a trust fund for the benefit of the general creditors of the corporation. 
