Belknap v. Adams

The opinion of the court was delivered by

Miller, J.

The plaintiff appeals from the judgment dismissing his suit to compel payment by defendants of check held by them of the insolvent corporation, represented by plaintiff, as receiver.

The petition charged in substance the organization of the corporation, the Dupuis Refining Company, with a capital of forty-five thousand dollars, with three corporators, the two defendants, Adams, Rice and Dupuis; that Dupuis was permitted to pay his stock subscription in the formula for the proposed manufacture, the two defendants were credited on their…