Legal Opinion

Northern Bank & Trust Co. v. Day

Washington Supreme Court

Decided January 7, 1915No. 12152PublishedCited by 5 opinions

Appeal from a judgment of the superior court for King county, Smith, J., entered December 12, 1913, in favor of the defendants, in an action to recover unpaid stock subscriptions.

1Opinion of the CourtMorris, J.

The appellant, as trustee in bankruptcy, seeks in this action to recover from the respondents, as stockholders of an insolvent corporation, an amount claimed to be due the corporation upon subscriptions to its capital stock. The pertinent facts are about these: In March, 1910, the stockholders of the Standard Fish Company adopted a resolution increasing its capital stock from $25,000 to $60,000, the par value of both the old and new issues of stock being ten dol*297lars per share. At a subsequent meeting of the trustees, it was provided that fifteen hundred shares of the increased stock should be…

2Cases cited6 opinions

  1. Coit v. Gold Amalgamating Co.Supreme Court of the United States · 1886
  2. Lantz v. MoellerWashington Supreme Court · 1913
  3. Jorguson v. Apex Gold Mines Co.Washington Supreme Court · 1913
  4. State v. Gin PonWashington Supreme Court · 1897
  5. Taylor v. CummingsCourt of Appeals for the Seventh Circuit · 1903

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Joyce v. CongdonWashington Supreme Court · 1921
  2. Brenaman v. WhitehouseWashington Supreme Court · 1915
  3. Fogarty v. HunterOregon Supreme Court · 1917
  4. Georgia Eng'g Co. v. CommissionerUnited States Board of Tax Appeals · 1930
  5. R. L. Blaffer & Co. v. CommissionerUnited States Board of Tax Appeals · 1938

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