Allen-West Commission Co. v. Grumbles
Court of Appeals for the Eighth Circuit
In Error to the Circuit Court of the United States for the Western District of Arkansas. The Allen-West Commission Company, a corporation, brought an action against J. H. Grumbles to enforce his liability under the statutes of the state of Arkansas for the debt of a bank of which Grumbles was president, and recovered a judgment of $21,133.35 against him. No attack is made upon this judgment.
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In Error to the Circuit Court of the United States for the Western District of Arkansas. The Allen-West Commission Company, a corporation, brought an action against J. H. Grumbles to enforce his liability under the statutes of the state of Arkansas for the debt of a bank of which Grumbles was president, and recovered a judgment of $21,133.35 against him. No attack is made upon this judgment. The indebtedness which it evidences had arisen in the years 1902 and 1903. On March 30, 1903, the plaintiff issued an attachment in its action against Grumbles, and garnisheed Mary E. Grumbles, his wife.…
1Opinion of the CourtSanborn, Circuit Judge
The crucial question in this case is: Did the delivery in May, 1899, by the defendant Grumbles to his wife, of the formal bill- of sale of his interest in the Mann-Tankersley Drug Company business, constitute a completed gift of his no shares of stock in the corporation, in view of the fact that Grumbles retained the certificate of the shares, kept the stock in his own name upon the books of the company, voted and received dividends upon it until after he had become hopelessly insolvent and then transferred it'to his wife by an indorsement and surrender of the certificate without the use of…
2Cases cited38 opinions
- Beaver v. . BeaverNew York Court of Appeals · 1889
- Young v. . YoungNew York Court of Appeals · 1880
- Basket v. HassellSupreme Court of the United States · 1883
- Grymes v. . HoneNew York Court of Appeals · 1872
- Harris v. . ClarkNew York Court of Appeals · 1849
33 more not listed; retrieve them via the Exa API.
3Cited by76 opinions
- Weil v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1936
- Tower v. CommissionerUnited States Tax Court · 1944
- Edson v. LucasCourt of Appeals for the Eighth Circuit · 1930
- Atlantic National Bank v. St. Louis Union Trust Co.Supreme Court of Missouri · 1948
- Coffey v. CommissionerUnited States Tax Court · 1943
71 more not listed; retrieve them via the Exa API.