Legal Opinion
In re Crystal Spring Bottling Co.
District Court, D. Vermont
Decided October 13, 1899PublishedCited by 13 opinions
In Bankruptcy.
1Opinion of the Court
WHEELER, District Judge.
The capital stock of this corporation, organized under tbe laws of the state, was $50,000, divided into 2,000 siiares of $25 each, on which $10 per share, amounting to $20,000, was paid in, and the balance of $15 per share, amounting to $40,000, remains unpaid. The trustee in bankruptcy represents that, after realizing all he can from the assets, a deficiency remains of about $28,000 for the payment of the debts proved, and asks to call in the balance unpaid on the stock for that purpose. That the corporate stock subscriptions are a primary fund for tbe payment of the…
2Cases cited4 opinions
- Scovill v. ThayerSupreme Court of the United States · 1882
- Merrill v. National Bank of JacksonvilleSupreme Court of the United States · 1899
- Patterson v. LyndeSupreme Court of the United States · 1883
- Windham Provident Institution for Savings v. SpragueSupreme Court of Vermont · 1871
3Cited by13 opinions
- Harrigan v. GilchristWisconsin Supreme Court · 1904
- Sargent v. American Bank & Trust Co.Oregon Supreme Court · 1916
- Stodd v. GoldbergerCalifornia Court of Appeal · 1977
- John V. Farwell Co. v. Jackson StoresSupreme Court of Georgia · 1911
- Seegmiller v. DayCourt of Appeals for the Seventh Circuit · 1918
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