In re Pipe Line Oil Co.

(after stating the facts as above). Several questions have been argued which may eventually become important, which are mbre or less imperfectly presented by the record and which lead into complications. We prefer to pass these by and dispose of the matter for the present upon an underlying and simpler ground. This requires a further statement of the situation. The corporation was organized under the Delaware law. The liability of stockholders therefore arises under and is determined by that law. In re Associated Oil Co., 289 Fed. 693, opinion this day filed. The controlling statute is…