Legal Opinion
Brown v. Ellis
U.S. Circuit Court for the District of Vermont
Decided March 4, 1898PublishedCited by 3 opinions
This was a suit in equity by Jonathan W. Brown against Rosette R. Ellis, executrix of the estate of J. R. Ellis, to recover an assessment made by the comptroller of the currency against such estate on shares of national bank stock.
1Opinion of the Court
WHEELER, District Judge.
Section 5151 of the Revised Statutes of the United States provides that the shareholders of national banks shall he holden for the debts and obligations of the banks; and section 5152 that:
“Persons holding stock as executors, administrators, guardians or trustees shall not be personally subject to any liabilities as stockholders but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward or person interested in such trust would be, if living and competent to act and hold the stock in his own name.”
The…
2Cases cited11 opinions
- Keyser v. HitzSupreme Court of the United States · 1890
- Yonley v. LavenderSupreme Court of the United States · 1875
- The Union Bank of Tennessee v. Jolly's Adm'rs.Supreme Court of the United States · 1856
- Williams v. BenedictSupreme Court of the United States · 1850
- Sparhawk v. Administrator of Ozias BuellSupreme Court of Vermont · 1837
6 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Berlin v. RainwaterSupreme Court of Arkansas · 1927
- Futrell v. MillerCourt of Appeals for the Eighth Circuit · 1939
- Great Western Min. & Mfg. Co. v. HarrisU.S. Circuit Court for the District of Vermont · 1899