Legal Opinion

Moies v. Sprague, Administrator

Supreme Court of Rhode Island

Decided October 6, 1870PublishedCited by 1 opinion

Action brought under the provisions of chap. 158, section 8 of the Revised Statutes, to recover a dividend from the estate of the defendant’s intestate — upon liabilities incurred as the president, and one of the directors, and a stockholder, of the Union Horse Shoe Company, a manufacturing corporation, created by an act of the General Assembly and organized thereunder in 1864, and included within and subject to the provisions of chapter 128 of the Revised Statutes and the…

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Action brought under the provisions of chap. 158, section 8 of the Revised Statutes, to recover a dividend from the estate of the defendant’s intestate — upon liabilities incurred as the president, and one of the directors, and a stockholder, of the Union Horse Shoe Company, a manufacturing corporation, created by an act of the General Assembly and organized thereunder in 1864, and included within and subject to the provisions of chapter 128 of the Revised Statutes and the acts in addition thereto and in amendment thereof. The plaintiff’s claim was upon four promissory notes of the Union…

1Opinion of the Court

This action is brought against the defendant, as administrator of the estate of the late Byron Sprague, deceased, to charge the estate by reason of certain alleged statutory liabilities incurred by the decedent as a stockholder, a director, and the president, of the Union Horse Shoe Company, upon four promissory notes of the company, or upon said notes, alleging that they have been reduced to a judgment against the company.

The first and fourth counts of the declaration declare upon the liability of the decedent as a stockholder, — the first in respect of the four notes, and the fourth in…

2Cases cited14 opinions

  1. Boughton v. . OtisNew York Court of Appeals · 1860
  2. Gallagher v. WaringNew York Supreme Court · 1832
  3. Waldron v. . WillardNew York Court of Appeals · 1858
  4. Ex parte Van RiperNew York Supreme Court · 1839
  5. Andrews v. MurrayNew York Supreme Court · 1861

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3Cited by1 opinion

  1. Reynolds v. HennessySupreme Court of Rhode Island · 1890

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