McDermott v. Woodhouse
Supreme Court of New Jersey
On appeal from á decree advised by Vice-Chancellor Backes, whose opinion is reported in 87 JJ. J.. 'Eq. j£Ji-.
1Opinion of the Court
The opinion of the court was delivered by
Swayze, J.
The appellant moved to dismiss the bill for want of equity. His motion w'as denied and he appeals.
The bill is a most extraordinary one. It is a bill filed by a receiver in insolvency of a New York corporation, who wras appointed by our court of chancery, and seeks to establish a stockholder’s liability for stock issued for property purchased, as is said, at a gross overvaluation. We pass over the informal statements contained in the bill, and put upon it the best face possible. The corporation itself is not. made a party. There is nothing to…
2Cases cited9 opinions
- Scovill v. ThayerSupreme Court of the United States · 1882
- Sanger v. UptonSupreme Court of the United States · 1875
- Coe v. Armour Fertilizer WorksSupreme Court of the United States · 1915
- Hawkins v. GlennSupreme Court of the United States · 1889
- Hancock National Bank v. FarnumSupreme Court of the United States · 1900
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3Cited by12 opinions
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- Broderick v. RosnerSupreme Court of the United States · 1935
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- Harris Investment Co. v. HoodSupreme Court of Florida · 1936
- The Engineering Co. v. Perryman Electric Co.New Jersey Court of Chancery · 1933
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