Legal Opinion

Adams v. Perryman & Co.

Supreme Court of Alabama

Decided January 16, 1919No. 4 Div. 774PublishedCited by 16 opinions

Appeal from Circuit Court, Geneva County; H. A. Pearce, Judge. Suit by Perryman & Co. against J. F. Adams and others. Decree for plaintiff, and defendants appeal.

1Opinion of the CourtSomerville, J.

The bill of complaint is filed by Perryman & Co., a judgment creditor of the Farmers’ Union G. & M. Company, a domestic corporation, against individual stockholders thereof, to compel them to account for the assets of said company which they divided in toto among themselves when it ceased to do business, without making provision for the payment of complainant’s preexisting debt, and to hold them liable therefor to the extent of complainant’s judgment against the company.

The evidence establishes the facts alleged, and the only real questions presented by the appeal are: (1) Whether the bill…

2Cases cited6 opinions

  1. Sanger v. UptonSupreme Court of the United States · 1875
  2. Wood v. DummerU.S. Circuit Court for the District of Maine · 1824
  3. O'Bear Jewelry Co. v. Volfer & Co.Supreme Court of Alabama · 1894
  4. Spear v. GrantMassachusetts Supreme Judicial Court · 1819
  5. Bank of St. Marys v. St. John, Powers & Co.Supreme Court of Alabama · 1854

1 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Phillips v. CommissionerSupreme Court of the United States · 1931
  2. McWilliams v. Excelsior Coal Co.Court of Appeals for the Eighth Circuit · 1924
  3. Karter v. EastSupreme Court of Alabama · 1929
  4. Blythe v. EnslenSupreme Court of Alabama · 1929
  5. King v. COOSA VALLEY MINERAL PRODUCTS COMPANYSupreme Court of Alabama · 1968

11 more not listed; retrieve them via the Exa API.

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