Legal Opinion

Lyle v. Staten Island Terra Cotta Lumber Co.

Supreme Court of New Jersey

Decided March 4, 1901PublishedCited by 10 opinions

On appeal of J. Edward Addicts, a general creditor, from a decree advised by Vice-Chancellor Emery. No opinion.

1Opinion of the Court

The opinion of the court was delivered by

Adams, J.

This is an appeal taken by a general creditor of an insolvent corporation from a final decree dealing with the distribution of assets.

The essential features of the case are these: The appellant (J. Edward Addicts) is the largest stockholder and bondholder, and also the largest general creditor of the Staten Island Terra Cotta Lumber Company, an insolvent corporation. He is also one of its receivers. John V. Bacot is the other receiver, and has alone been active in the administration of the trust. There are other general creditors, and also…

2Cited by10 opinions

  1. Lombardi v. MassoSupreme Court of New Jersey · 2011
  2. Johnson v. Cyklop Strapping Corp.New Jersey Superior Court Appellate Division · 1987
  3. McBride v. Minstar, Inc.New Jersey Superior Court Appellate Division · 1994
  4. Siren v. BehanNew Jersey Superior Court Appellate Division · 1988
  5. Albert Kernahan v. Franklin ArmsSupreme Court of New Jersey · 1931

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