Legal Opinion

Price v. United States

Supreme Court of the United States

Decided January 11, 1926No. 454PublishedCited by 176 opinions

1Opinion of the CourtJustice Butler

October. 2, 1923, Charles H.'Meats, a simple contract creditor, .brought suit on behalf of himself and other, creditors against J. M. Gidding &-Company, a New York' corporation. Among the facts alleged ip the complaint are these. Defendant was engaged in the business of importing and selling wearing apparel at retail in New" York and four other cities. - It owed plaintiff $10,000 on-a promissory note;. its debts were large, and it .was without money to pay those, then due and shortly to become due.

If its assets could bé sold in the usual course of business they would be in excess of its…

2Cases cited11 opinions

  1. Meriwether v. GarrettSupreme Court of the United States · 1880
  2. Miller v. RobertsonSupreme Court of the United States · 1924
  3. Dollar Savings Bank v. United StatesSupreme Court of the United States · 1874
  4. Lane County v. OregonSupreme Court of the United States · 1869
  5. United States v. State Bank of NCSupreme Court of the United States · 1832

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3Cited by176 opinions

  1. Milwaukee County v. M. E. White Co.Supreme Court of the United States · 1935
  2. Massachusetts v. United StatesSupreme Court of the United States · 1948
  3. City of New York v. FeiringSupreme Court of the United States · 1941
  4. Illinois Ex Rel. Gordon v. CampbellSupreme Court of the United States · 1946
  5. New York v. MacLaySupreme Court of the United States · 1933

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