Legal Opinion

Cosmopolitan Trust Co. v. Mitchell

Massachusetts Supreme Judicial Court

Decided June 28, 1922PublishedCited by 50 opinions

1Opinion of the CourtRugg, C.J.

This is a suit in equity brought in the name of the Cosmopolitan Trust Company by the commissioner of banks in possession of its property and business under G. L. c. 167, § 22, against thirteen persons as its directors for the purpose of holding them responsible for losses of the trust company. A demurrer has been filed by each defendant. It is alleged in the bill that the commissioner of banks took possession of the property and business of the trust company on September 25, 1920, and that on that date it was insolvent.

1. A most., important question is raised at the outset. The…

2Cases cited80 opinions

  1. Kilbourn v. ThompsonSupreme Court of the United States · 1881
  2. Noble State Bank v. HaskellSupreme Court of the United States · 1911
  3. Selective Draft Law CasesSupreme Court of the United States · 1918
  4. Oceanic Steam Navigation Co. v. StranahanSupreme Court of the United States · 1909
  5. Briggs v. SpauldingSupreme Court of the United States · 1891

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3Cited by50 opinions

  1. Demoulas v. Demoulas Super Markets, Inc.Massachusetts Supreme Judicial Court · 1997
  2. Peterson v. HopsonMassachusetts Supreme Judicial Court · 1940
  3. Spiegel v. Beacon Participations, Inc.Massachusetts Supreme Judicial Court · 1937
  4. Opinion of the Justices to the Senate & the House of RepresentativesMassachusetts Supreme Judicial Court · 1925
  5. City of Boston v. DolanMassachusetts Supreme Judicial Court · 1937

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

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