Moss v. Smith
California Supreme Court
The facts are stated in the opinion of the court. Bert Schlesinger, A. E. Shaw, and Edwin H. Williams, for Appellants. Garrett W. McEnerney, Alfred Sutro, Corbet & Selby, Pillsbury, Madison & Sutro, and Morrison, Dunne & Brobeck, for Respondents.
1Opinion of the CourtHenshaw, J.
The plaintiff, H. A. Moss, brought this action against the defendants, directors of the Ocean Shore Railway Company, based upon the provisions of section 309 of the Civil Code. He averred that the Ocean Shore Railway Company had a capital stock of five million dollars, all of which had been subscribed for and issued and all of which was held and owned by divers persons; that the Ocean Shore Railway Company had issued and sold five million dollars of its bonds, equal to the total amount of its capital stock and of its subscribed capital stock, and owed five million dollars indebtedness on…
2Cases cited51 opinions
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3Cited by45 opinions
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