Reading Tr. Co. v. Reading I. Works
Supreme Court of Pennsylvania
APPEALS BY PLAINTTPP AND DEPENDANT PROM THE COURT OP COMMON PLEAS OP BERKS COUNTY. Nos. 278, 281 January Term 1890, Sup.
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APPEALS BY PLAINTTPP AND DEPENDANT PROM THE COURT OP COMMON PLEAS OP BERKS COUNTY. Nos. 278, 281 January Term 1890, Sup. Ct.; court below, No. 409 Equity D. 1886, C. P. In October, 1886, the Reading Fire Insurance and Trust Company, trustee under the will of Charles H. Hunter, deceased, and Emily E. Hunter and others, beneficiaries under said will, filed a bill in equity against the Reading Iron Works, praying for a decree that the defendant corporation issue to the plaintiff trustee 175 shares of the defendant’s capital stock, or pay the plaintiffs the value thereof, and damages for failure…
1Opinion of the Court
*298NO. 281.
Opinion,
Mr. Justice McCollum:
The first and controlling question to be considered in this case is whether Charles H. Hunter, who was a stockholder in a corporation known as SeyEert, McManus & Co., was its debtor at the time of his death in 1870. The master has found that he was, and the court has approved the finding. But this finding is a deduction from undisputed facts, and the appellants claim that it is not authorized by them. These facts are distinctly and fully stated in the master’s report, and need not be repeated here. They show a course of dealing between the corporation and…
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