Legal Opinion
Norman v. Baldwin
Supreme Court of Virginia
Decided June 13, 1929PublishedCited by 16 opinions
1Opinion of the CourtHolt, J.
*804This is a motion brought to recover excess individual liability from a Virginia stockholder of an insolvent North Carolina bank.
The Bank of Roper was organized in 1906, and became insolvent in 1921, at which time there were outstanding 200 shares of stock of the par value of $20,000.00. Five shares had been subscribed for and was and is owned by the defendant, Robert F. Baldwin, a citizen of Norfolk, Virginia.
Section 237 of the Consolidated Statutes of North Carolina declares that stockholders, in such circumstances, shall be liable to the extent of the par value of their stock, in addition…
2Cases cited10 opinions
- Pennoyer v. NeffSupreme Court of the United States · 1878
- The HarrisburgSupreme Court of the United States · 1886
- Brunswick Terminal Co. v. National Bank of BaltimoreCourt of Appeals for the Fourth Circuit · 1900
- Corp. Commission v. Merchants BankSupreme Court of North Carolina · 1927
- Close v. . PotterNew York Court of Appeals · 1898
5 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- State of California, Department of Mental Hygiene v. CopusTexas Supreme Court · 1958
- Jones v. R. S. Jones & Associates, Inc.Supreme Court of Virginia · 1993
- Chesapeake Supply & Equipment Co. v. J.I. Case Co.District Court, E.D. Virginia · 1988
- Alabama Great Southern Railroad Company v. Allied Chemical CorporationCourt of Appeals for the Fifth Circuit · 1972
- Charles W. Crosson, Jr. v. Wendell F. Conlee, the of the Estate of E. Douglas Via, DeceasedCourt of Appeals for the Fourth Circuit · 1984
11 more not listed; retrieve them via the Exa API.