Forster v. Mullanphy Planing Mill Co.
Missouri Court of Appeals
Appeal from the St. Louis Circuit Court, Barclay, J. The directors of a solvent corporation are trustees for the shareholders, and are subject to all the duties and disabilities of trustees. — McAllen v. Woodcock, 60 Mo. 174; Lingle v. Hogan, 45 Mo. 109 ; Bent v. Priest, 10 Mo. App. 543-547 ; Skrainka v. Allen, 7 Mo. App. 434 ; Brewster v. Stratman, 4 Mo. App. 41; Cumberland Goal Co. r.
Read the full summary
Appeal from the St. Louis Circuit Court, Barclay, J. The directors of a solvent corporation are trustees for the shareholders, and are subject to all the duties and disabilities of trustees. — McAllen v. Woodcock, 60 Mo. 174; Lingle v. Hogan, 45 Mo. 109 ; Bent v. Priest, 10 Mo. App. 543-547 ; Skrainka v. Allen, 7 Mo. App. 434 ; Brewster v. Stratman, 4 Mo. App. 41; Cumberland Goal Co. r. Sherman, 30 Barb. 553 ; Koehler v. Black River Falls Iron Co., 67' U. S. (2 Black) 715. The directors of an insolvent corporation are trustees for the benefit of its creditors.— Bradley v. Farmed, 1 Holmes,…
1Opinion of the CourtBakewell, J.
This was an action upon promissory notes, begun by at*153tachment, upon the ground that defendant had fraudulently conveyed, assigned, and disposed of its property and effects, so as to hinder and delay its creditors.
The issue raised by the plea in abatement was submitted, upon an agreed statement of facts, to the court without a jury. The court found the issue in favor of defendant, and the attachment was dissolved.
The facts, as agreed upon, are as follows : —
On the 5th of May, 1883, defendant executed and delivered to one Joseph P. Schureman, a deed, in the ordinary form of a deed of trust to…
2Cases cited14 opinions
- Jackson v. LudelingSupreme Court of the United States · 1874
- Buell v. Buckingham & Co.Supreme Court of Iowa · 1864
- City of St. Louis v. AlexanderSupreme Court of Missouri · 1856
- Hoyle v. Plattsburgh & Montreal RailroadNew York Court of Appeals · 1873
- Dana v. Bank of the United StatesSupreme Court of Pennsylvania · 1843
9 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Williams v. Fourth National BankSupreme Court of Oklahoma · 1905
- Patterson v. Portland Smelting WorksOregon Supreme Court · 1899
- Bradley v. Milwaukee Mechanics InsuranceSupreme Court of Missouri · 1901
- Schroeder v. MasonMissouri Court of Appeals · 1887
- Bradley v. Milwaukee Mechanics' InsuranceCourt of Appeals of Kansas · 1901
1 more not listed; retrieve them via the Exa API.