Legal Opinion

Hazard v. Durant

Supreme Court of Rhode Island

Decided March 10, 1877Published

Bill in equity brought by Isaac P. Hazard, a stockholder in tbe Credit Mobilier of America, on behalf of himself and such other stockholders in said corporation as might become parties, against Thomas C. Durant, charging him with the fraudulent conversion of funds belonging to the corporation.

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Bill in equity brought by Isaac P. Hazard, a stockholder in tbe Credit Mobilier of America, on behalf of himself and such other stockholders in said corporation as might become parties, against Thomas C. Durant, charging him with the fraudulent conversion of funds belonging to the corporation. The respondents to the bill are Thomas C. Durant, whilom president of the Credit Mobilier; the trustees of the Oakes Ames contract, which is the subject of one of Durant’s alleged frauds ; the Union Pacific Railroad Company, in respect to which frauds are also charged; and the Credit Mobilier of…

1Opinion

This is a motion filed May 22, 1875, to dismiss an appeal from the decree of a single judge filed in the clerk's office June 25, 1870, while cap. 692 of Public Laws, passed March 15, 1867, was in force, by which all hearings in equity might be before a single judge with a right of appeal to the full court.

The respondent, Durant, had entered an appearance by his attorneys, Thomas A. Jenckes and Charles C. Van Zandt; but not having answered, an order to take the bill pro confesso was entered under the rules in the clerk's office, February 8, 1869.

At that time a petition for removal of the cause…

2Cases cited1 opinion

  1. Hazard v. DurantSupreme Court of Rhode Island · 1868

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