Besseliew v. . Brown
Supreme Court of North Carolina
ActioN by the receivers of said corporation to recover of the directors and managing officers of same for loss of company’s assets, due to alleged negligence of defendants in failing to perform their official duties, etc., and heard on demurrer to the complaint before Lyon, J., at April Term, 1918, of New Hanover. There was judgment overruling the demurrer, and the defendants excepted and appealed.
1Opinion of the CourtHoke, J.
The complaint alleges that in 1904 the company in question was duly incorporated and organized pursuant to the laws of the State, and engaged in the transaction of business as contemplated by the charter, etc.; that in 1916, on petition filed and approved by two-thirds of the stockholders, the company was declared ipeolvent and plaintiffs appointed receivers and authorized and directed to collect and take charge of company’s assets, etc., the order appointing said receiver containing, among other things, a judgment against the company in favor of A. C. Dawson for $848.70, which is annexed and…
2Cases cited14 opinions
- Briggs v. SpauldingSupreme Court of the United States · 1891
- Bosworth v. . AllenNew York Court of Appeals · 1901
- Solomon v. . BatesSupreme Court of North Carolina · 1896
- McIver v. Young Hardware Co.Supreme Court of North Carolina · 1907
- Townsend v. . WilliamsSupreme Court of North Carolina · 1895
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3Cited by30 opinions
- Brick Co. v. . GentrySupreme Court of North Carolina · 1926
- Sandlin v. City of WilmingtonSupreme Court of North Carolina · 1923
- Douglass v. DawsonSupreme Court of North Carolina · 1925
- Ideal Brick Co. v. GentrySupreme Court of North Carolina · 1926
- State Ex Rel. North Carolina Corp. Commission v. Harnett County Trust Co.Supreme Court of North Carolina · 1926
25 more not listed; retrieve them via the Exa API.