Legal Opinion
Barlow v. Budge
Court of Appeals for the Eighth Circuit
Decided April 20, 1942No. 12008PublishedCited by 19 opinions
1Opinion of the Court
SANBORN, Circuit Judge.
The question for decision is whether the claim of the appellee, who was a director, an officer and a stockholder of The Liberty Poster Company, which has been adjudged a bankrupt, must be subordinated to the claims of other creditors.
The bankrupt is a Minnesota corporation, which was organized in 1919 by C. A. Rose, F. H. Paulsen, W. P. Budge and R. E. Morrissey to do a printing business. Its’ capital stock was $20,000, of which each of its stockholders owned one-fourth. In 1925 Paulsen, who had been Vice-President, withdrew and sold his stock to the other stockholders,…
2Cases cited16 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- Geddes v. Anaconda Copper Mining Co.Supreme Court of the United States · 1921
- Sanford Fork & Tool Co. v. Howe Brown & Co.Supreme Court of the United States · 1895
- Clere Clothing Co. v. Union Trust & Savings BankCourt of Appeals for the Ninth Circuit · 1915
11 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- In Re Kansas City Journal-Post Co.Court of Appeals for the Eighth Circuit · 1944
- Gelatt v. DeDakisWisconsin Supreme Court · 1977
- National Recruiters, Inc. v. Toro Co.Court of Appeals of Minnesota · 1984
- Kenneally v. Standard Electronics Corp.Court of Appeals for the Eighth Circuit · 1966
- Wiemeyer v. KochCourt of Appeals for the Eighth Circuit · 1945
14 more not listed; retrieve them via the Exa API.