Legal Opinion

Hamilton v. Glenn

Supreme Court of Virginia

Decided March 14, 1889PublishedCited by 26 opinions

Appeal from decree of circuit court of Henrico county, rendered December 22, 1887, in tbe suit of Glenn’s Adm’r, &c., v. National Express and Transportation Company. The object of the bill was to assess and collect the unpaid subscriptions to the capital stock of said corporation, and apply the avails to its debts. The corporation had conveyed all its property, including the unpaid subscriptions, and made the latter payable to the trustees.

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Appeal from decree of circuit court of Henrico county, rendered December 22, 1887, in tbe suit of Glenn’s Adm’r, &c., v. National Express and Transportation Company. The object of the bill was to assess and collect the unpaid subscriptions to the capital stock of said corporation, and apply the avails to its debts. The corporation had conveyed all its property, including the unpaid subscriptions, and made the latter payable to the trustees. Hamilton and others, stockholders, filed a petition praying to be made parties to the cause, and that the decrees rendered therein might be reheard. From…

1Opinion of the CourtLacy, J.

This is a suit by the creditors of the National Express and Transportation Company, seeking the payment of their debt; 'the said company having conveyed its property of every sort to trustees for this purpose. The suit having progressed in the said court to the point where it was deemed necessary to compel the payment of eighty per cent, of its capital stock, an assessment was made for thirty, then fifty per cent., and its payment demanded; which being neglected, suit was instituted against the said appellants in the court of common pleas in Baltimore city, State of Maryland, the place of…

2Cases cited1 opinion

  1. Bowie v. Poor School Society of WestmorelandSupreme Court of Virginia · 1881

3Cited by26 opinions

  1. Glenn v. LiggettSupreme Court of the United States · 1890
  2. Howarth v. LombardMassachusetts Supreme Judicial Court · 1900
  3. Semple v. GlennSupreme Court of Alabama · 1890
  4. Straw & Ellsworth Manufacturing Co. v. L. D. Kilbourne Boot & Shoe Co.Supreme Court of Minnesota · 1900
  5. Hale v. HardonCourt of Appeals for the First Circuit · 1899

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