McDonald v. Dewey
Supreme Court of the United States
APPEAL AND CROSS. APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE SEVENTH CIRCUIT. The first of these cases was an appeal from a decree of the Circuit Court of Appeals, rendered in a case wherein John W. McDonald, receiver of the First National Bank of Orleans, Nebraska, was complainant, and Charles P. Dewey and others were defendants, reversing a decree of the Circuit Court for the Northern District of Illifiois, and remanding the case to that court with directions to…
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APPEAL AND CROSS. APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE SEVENTH CIRCUIT. The first of these cases was an appeal from a decree of the Circuit Court of Appeals, rendered in a case wherein John W. McDonald, receiver of the First National Bank of Orleans, Nebraska, was complainant, and Charles P. Dewey and others were defendants, reversing a decree of the Circuit Court for the Northern District of Illifiois, and remanding the case to that court with directions to enter a decree against Dewey for his full assessment on 25 shares of stock of the First National Bank, and for interest…
1Opinion of the Court
Mr.'Justice Brown,
after making the foregoing statement, delivered the opinion of the court.
Three sections of the National Bank Act, which are printed in the margin,1 are pertinent in connection with the leading questions involved in this case.
*520That the- transfer of stock in corporations, even' when in failing circumstances, should not be unduly impeded, is essential not only to the prosperity of such corporations and the value of their stock, but to the interest of stockholders who may desire for legitimate reasons to change their investments or to raise money for debts incurred outside the…
2Cases cited13 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- National Bank v. CaseSupreme Court of the United States · 1879
- Sexton v. WheatonSupreme Court of the United States · 1823
- Pauly v. State Loan & Trust Co.Supreme Court of the United States · 1897
- Matteson v. DentSupreme Court of the United States · 1900
8 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Barth v. PockMontana Supreme Court · 1915
- Metropolitan Holding Co. v. SnyderCourt of Appeals for the Eighth Circuit · 1935
- Barbour v. ThomasDistrict Court, E.D. Michigan · 1933
- Garber v. CrewsSupreme Court of the United States · 1945
- Corker v. SoperCourt of Appeals for the Fifth Circuit · 1931
33 more not listed; retrieve them via the Exa API.