Gade v. Forest Glen Brick & Tile Co.

The issues in this case arose upon a bill filed by appellant Henry Gade and a cross-bill of appellant Charles Harms. The objects of the suit were to have a receiver appointed for the appellee the Forest Glen Brick and Tile Company, a corporation, to marshal its assets, determine priorities of creditors, to enforce alleged liabilities of stockholders for unpaid stock, to dissolve the corporation and to wind up its affairs. The alleged liabilities for unpaid stock were based on the charge that the capital stock was §100,000, while it was claimed in defense that such capital stock had been…