Legal Opinion

Williams' Exr. v. Chamberlain

Court of Appeals of Kentucky

Decided June 7, 1906PublishedCited by 11 opinions

Case 19. — ACTION BY T. W. CHAMBERLAIN AGAINST J. T. WILLIAMS’ EXECUTOR TO SUBJECT UNPAID STOCK SUBSCRIPTIONS TO THE PAYMENT OF A DEBT OWING TO HIM BY AN INSOLVENT CORPORATION, Appeal from Jefferson Circuit Court, (Chancery Branch, 1st Division.) Shackelford Miller, Judge. Judgment for Plaintiff.

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Case 19. — ACTION BY T. W. CHAMBERLAIN AGAINST J. T. WILLIAMS’ EXECUTOR TO SUBJECT UNPAID STOCK SUBSCRIPTIONS TO THE PAYMENT OF A DEBT OWING TO HIM BY AN INSOLVENT CORPORATION, Appeal from Jefferson Circuit Court, (Chancery Branch, 1st Division.) Shackelford Miller, Judge. Judgment for Plaintiff. Defendant appeals. 1. So much oC the decree as relates to the judgment im favor of Ocie Bales, Jerry Roberts and W. O. Bennett is invalid .the Jefferson Circuit Court not having original jurisdiction of these claims, because of the amounts involved. 3.The other stockholders must be made to contribute…

1Opinion of the Court

Opinion by

John D. Carroll, Commissioner. — -

Affirming.

This action was instituted in the chancery branch of the Jefferson circuit court by appellees, who are creditors of the Gold Lode Company, an Arizona corporation, to recover from the-estate of John T. Will*156iams, deceased, the amount' of their debts, on the ground that Williams was a stockholder in the corporation and had failed to pay for the amount of his. stock, and they seek to subject to the payment of their debts his unpaid subscription. The action was originally brought by persons who had obtained judgments and returns of no property…

2Cases cited14 opinions

  1. Upton v. TribilcockSupreme Court of the United States · 1875
  2. Hatch v. DanaSupreme Court of the United States · 1880
  3. Flash v. ConnSupreme Court of the United States · 1883
  4. Concord First National Bank v. HawkinsSupreme Court of the United States · 1899
  5. Webster v. UptonSupreme Court of the United States · 1876

9 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Magic City Coal & Feed Co. v. LewisCourt of Appeals of Kentucky · 1915
  2. Taylor v. Citizens Oil Co.Court of Appeals of Kentucky · 1918
  3. Horton v. Sherrill-Russell Lumber Co.Court of Appeals of Kentucky · 1912
  4. Stoecker v. GoodmanCourt of Appeals of Kentucky · 1919
  5. Providence State Bank v. BohannonDistrict Court, E.D. Missouri · 1977

6 more not listed; retrieve them via the Exa API.

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