E. L. Moore & Co. v. Murchison
Court of Appeals for the Fourth Circuit
Appeal from the District Court of the United States for the Eastern District of South Carolina, at Charleston, in Bankruptcy; Henry A. M. Smith, Judge. Bill by William Murchison, trustee in bankruptcy of E. L. Moore & Co., a corporation, against E. L. Moore & Co. and others. From a decree for complainant, defendants appeal.
1Opinion of the Court
KNAPP, Circuit Judge.
The decree under review holds the appellants, other than Mamie P. Moore, personally liable for the dividends declared and paid while they were respectively directors of E. L. Moore & Co., a South Carolina corporation, which carried on a general mercantile business at Dillon, in that state, and which was adjudicated an involuntary bankrupt in March, 1913. The history of the concern is briefly this:
There was a prior corporation, the E. L. Moore Company, chiefly owned by E. L. Moore, which was liquidated in bankruptcy in the latter part of 1907. There was no appraisal of its…
2Cases cited8 opinions
- Briggs v. SpauldingSupreme Court of the United States · 1891
- McDonald v. WilliamsSupreme Court of the United States · 1899
- Finn v. BrownSupreme Court of the United States · 1891
- Spurr v. United StatesCourt of Appeals for the Sixth Circuit · 1898
- Reid v. Eatonton Manufacturing Co.Supreme Court of Georgia · 1869
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