Legal Opinion

Cleveland v. Burnham

Wisconsin Supreme Court

Decided November 3, 1885PublishedCited by 13 opinions

APPEAL from the County Court of Milwaukee County. The action was commenced in 1862 against the Marine Bank of Milwaukee as an insolvent corporation, and the other defendants as its stockholders, to enforce their liability under the statute.

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APPEAL from the County Court of Milwaukee County. The action was commenced in 1862 against the Marine Bank of Milwaukee as an insolvent corporation, and the other defendants as its stockholders, to enforce their liability under the statute. The reports of former appeals in the course of the litigation will be found in 14 Wis. 105; 17 id. 545; 18 id. 490; 55 id. 387, 598; and 60 id. 16. On April 27, 1869, it was adjudged that the defendant bank had surrendered its corporate rights and franchise and that it be dissolved. On November 21,1881, judgment was entered, adjudging the amount of the…

1Opinion of the CourtObtoh, J.

On the 21st day of November, 1881, a judgment was entered in the above-entitled action in favor of the plaintiffs severally, for the sums of $18,060.59, $11,509.40, and $28,637.80, against the defendant the Marine Bank of Milwaukee. At that time all the assets of said bank had been collected by a receiver and converted into money, and the net proceeds thereof amounted only to the sum of $4,337.25, which by said judgment was applied in part payment thereof, and of the said claims of the plaintiffs, propor-tionably, leaving a large deficiency in their favor against the bank and over and above…

2Cases cited12 opinions

  1. Brainard v. . JonesNew York Court of Appeals · 1858
  2. McMahon v. McGrawWisconsin Supreme Court · 1870
  3. Harvey v. ThomasSupreme Court of Pennsylvania · 1840
  4. Mills v. Town of JeffersonWisconsin Supreme Court · 1865
  5. Hawkins v. Garland's Adm'rSupreme Court of Virginia · 1882

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3Cited by13 opinions

  1. Webster v. MorrisWisconsin Supreme Court · 1886
  2. Hall v. Equitable Life Assurance Society of the United StatesMichigan Supreme Court · 1940
  3. Gianella v. BigelowWisconsin Supreme Court · 1897
  4. Booth v. DearWisconsin Supreme Court · 1897
  5. National Commercial Bank v. McDonnellSupreme Court of Alabama · 1890

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

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