Hackney v. York

The propositions involved in this appeal are: (a) The power of a corporation, after its charter has been granted, to employ an attorney to represent it in matters connected with its business and to agree with the attorney that the value of his services are to be credited against his stock subscription account; (b) where such a contract has been made and the service rendered and accepted, but the corporation becomes insolvent before the value of the service has been adjusted, and suit is filed against the attorney, after the insolvency of the corporation, for his unpaid subscription, his right…