Goodnow v. American Writing Paper Co.
Supreme Court of New Jersey
On appeal-from a decree of the court of chancery advised by Vice-Chancel lor Bergen, whose opinion, is reported in 72 N. J. Eq. {2 Buck.) 646.
1Opinion of the Court
*693The opinion of the court was delivered by
Swats®, J.
The appellant filed his bill to have a resolution for the payment of a dividend upon the preferred stock of the defendant declared unlawful, null and void, and to restrain payment thereof. The bill charges that the capital stock of the company was for the most part issued for property purchased, which included trade-marks and good will taken at a grossly excessive valuation, .jmd that whatever the value of the property given in exchange for the stock may have been at the time of purchase, it now falls short of the aggregate of the debts and…
2Cited by20 opinions
- Douglas v. EdwardsCourt of Appeals for the Second Circuit · 1924
- Borg v. International Silver Co.Court of Appeals for the Second Circuit · 1925
- Peters v. United States Mortgage CompanyCourt of Chancery of Delaware · 1921
- Solimine v. HollanderNew Jersey Court of Chancery · 1940
- Butler v. New Keystone Copper CompanyCourt of Chancery of Delaware · 1915
15 more not listed; retrieve them via the Exa API.