Lyon v. Russell
Court of Appeals for the D.C. Circuit
Hearing oil an appeal by the defendants from a decree of the Supreme Court of the District of Columbia directing the return to a receiver of certain personal property, part of the estale of an insolvent corporation.
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Hearing oil an appeal by the defendants from a decree of the Supreme Court of the District of Columbia directing the return to a receiver of certain personal property, part of the estale of an insolvent corporation. The Court in the opinion stated the facts as follows: Appeal from a decree in the supreme court of the District directing the return to appellee, Frederick P. Russell, Receiver of the Towles-Scofield Company, of certain personal property located in the District of Columbia, the same being part of the estate of the Towles-Scofield Company, Inc., a corporation of the state of…
1Opinion of the CourtJustice Robb
Whilst “the bankruptcy law is paramount and the jurisdiction of the Federal courts in bankruptcy, when properly invoked, in the administration of the affairs of insolvent persons and corporations, is essentially exclusive” (Re Watts, 190 U. S. 1, 27, 47 L. ed. 933, 941, 23 Sup. Ct. Rep. 718, 14 Am. Crim. Rep. 48), that law does not necessarily deprive a state court of jurisdiction conferred by a state law to dissolve a local corporation, even though the reason for exercising such jurisdiction be the insolvency of such corporation. Murphy v. Pen*558niman, 105 Md. 452, 121 Am. St. Rep. 583, 66 Atl.…
2Cases cited16 opinions
- In Re Watts and SachsSupreme Court of the United States · 1903
- Randolph v. ScruggsSupreme Court of the United States · 1903
- Pickens v. RoySupreme Court of the United States · 1902
- Great Western Mining & Manufacturing Co. v. HarrisSupreme Court of the United States · 1905
- Boese v. KingSupreme Court of the United States · 1883
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3Cited by3 opinions
- Oakes v. LakeSupreme Court of the United States · 1933
- Collins v. McDonaldCourt of Appeals for the D.C. Circuit · 1938
- Thompson v. Oil Refineries, Inc.District Court, W.D. Louisiana · 1937