Legal Opinion

Petition of Stuart

Court of Appeals for the Sixth Circuit

Decided May 6, 1921No. 3511PublishedCited by 19 opinions

Petition to Revise an Order of the District Court of the United States for the Eastern Division of the Northern District of Ohio; D. C. Wes-tenhaver, Judge. In the matter of the National Artificial'Silk Company, bankrupt. Petition by James L. Stuart and another to revise an order of the District Court approving the compromise with the stockholders of the bankrupt corporation.

1Opinion of the Court

KNAPPEN, Circuit Judge.

The bankrupt is a corporation1 organized under the laws of Ohio, with a permissible capital stock of $5,-000,000, partly preferred and partly common; the shares of each class being of a par value of $100 each. The greater part of the outstanding stock was sold by the corporation at a price of $100 for one share of preferred stock plus one-balf share of common stock, the stock being issued under arrangement between the corporation and the purchasing shareholders as fully paid and nonassessable. Debts amounting to $391,037 were proven against the bankrupt’s estate, on…

2Cases cited6 opinions

  1. Converse v. HamiltonSupreme Court of the United States · 1912
  2. Kiskadden v. SteinleCourt of Appeals for the Sixth Circuit · 1913
  3. In re BaxterCourt of Appeals for the Sixth Circuit · 1920
  4. Courtney v. CroxtonCourt of Appeals for the Sixth Circuit · 1917
  5. In re KranichDistrict Court, E.D. Pennsylvania · 1909

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

3Cited by19 opinions

  1. In Re Prudence Co.Court of Appeals for the Second Circuit · 1938
  2. Harrigan v. BergdollSupreme Court of the United States · 1926
  3. In the Matter of Albert-Harris, Inc., Bankrupt. MacHinery Terminals, Inc. v. Kent W. Woodward, Frank H. Harvey, Jr., and Jerome Holub, TrusteesCourt of Appeals for the Sixth Circuit · 1963
  4. Gordon v. Hartford Sterling Co.Supreme Court of Pennsylvania · 1935
  5. In Re Riggi Bros. Co.Court of Appeals for the Second Circuit · 1930

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

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