Carpenter v. Griffith Mortgage Corp.
Court of Chancery of Delaware
1Opinion of the Court
The Chancellor :
The case of Cooney v. Arlington Hotel Co., 11 Del. Ch. 286, 101 A. 879, affirmed 11 Del. Ch. 430, 106 A. 39, 7 A. L. R. 955, settles the jurisdiction of the court to entertain assessment proceedings for the benefit of creditors upon application of the receivers of an insolvent corporation created under the general law where the corporate assets are insufficient to meet the corporate debts and the assessment is sought against stockholders who have not paid the whole of the consideration payable for their stock. In view of Cooney v. Arlington Hotel Co., supra, it is not…
2Cases cited22 opinions
- Penington v. Commonwealth Hotel Construction Corp.Court of Chancery of Delaware · 1931
- John W. Cooney Co. v. Arlington Hotel Co.Court of Chancery of Delaware · 1917
- John W. Cooney Co. v. Arlington Hotel Co.Supreme Court of Delaware · 1918
- Swearingen v. Sewickley Dairy Co.Supreme Court of Pennsylvania · 1901
- Jones v. Maxwell Motor Co.Court of Chancery of Delaware · 1921
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3Cited by1 opinion
- In re the Receivership of International Re-Insurance Corp.Court of Chancery of Delaware · 1946