So. Boston Iron Co. v. Boston Locomotive Works
Supreme Judicial Court of Maine
Exceptions from the ruling of Appleton, J. The principal defendant corporation was defaulted in both actions, and the only question is whether the trustees are chargeable. The plaintiffs and principal defendants in the first action are corporations, incorporated by the Legisla-' ture of Massachusetts, having their place of business in Boston in that State. The trustees are a corporation under the laws of Maine, doing business in said county of Penobscot.
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Exceptions from the ruling of Appleton, J. The principal defendant corporation was defaulted in both actions, and the only question is whether the trustees are chargeable. The plaintiffs and principal defendants in the first action are corporations, incorporated by the Legisla-' ture of Massachusetts, having their place of business in Boston in that State. The trustees are a corporation under the laws of Maine, doing business in said county of Penobscot. The trustees disclose an indebtedness due from them to the principal defendants, on account, which accrued on and before August 11, 1859.…
1Opinion of the Court
The opinion of the Court was drawn up by
Tenney, C. J.
By the statute of the Commonwealth of *587Massachusetts, of 1851, c. 327, entitled an "Act to secure the .equal distribution of the property of insolvent corporations amongst their creditors,” it is provided tlmt assignments may be made to persons, chosen or appointed as assignees, as therein set forth, of all the estate real and personal, of the corporation, excepting such as may be by law exempt from attachment, with all its deeds, books and papers, relating thereto, which assignment shall vest in the assignees all the property of the…
2Cases cited5 opinions
- Ogden v. SaundersSupreme Court of the United States · 1827
- Blanchard v. RussellMassachusetts Supreme Judicial Court · 1816
- Upton v. HubbardSupreme Court of Connecticut · 1859
- Consequa v. FanningNew York Court of Chancery · 1818
- Coolidge v. PoorMassachusetts Supreme Judicial Court · 1819
3Cited by6 opinions
- Barth v. . BackusNew York Court of Appeals · 1893
- Weil v. Bank of Burr OakMissouri Court of Appeals · 1898
- State v. TelfordSupreme Judicial Court of Maine · 2010
- Stowe v. Belfast Sav. BankU.S. Circuit Court for the District of Maine · 1897
- State v. TelfordSupreme Judicial Court of Maine · 2010
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