Hospelhorn v. Corbin
Supreme Court of Virginia
1Opinion of the CourtHudgins, J.
Charles S. Corbin, a resident of Baltimore in 1930, acquired 100 shares of stock in the Baltimore Trust Company. The statute law of Maryland rendered this stock liable to an assessment of $10 per share in the event the corporation became insolvent and its assets were insufficient to discharge its obligations to creditors. Later, Corbin became a citizen of Northampton county, Virginia.
On January 5, 1935, John D. Hospelhorn, a deputy bank commissioner, was duly appointed receiver to liquidate the *350assets of the then insolvent Baltimore Trust Company. On November 13, 1935, Circuit Court No. 2 of…
2Cases cited21 opinions
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