Patterson v. Wade
Court of Appeals for the Ninth Circuit
In Error to the Circuit Court of the United States for the District of Oregon.
1Opinion of the Court
DE HAVEN, District Judge.
In this action, commenced March 26, 1898, the plaintiff seeks to recover from the defendant Wade, and other directors of the Portland Savings Bank of Portland, Or., the sum of $9,718.33, alleged by plaintiff to have been deposited by him in that bank on May 10, 1894. The action is based upon a statute of Oregon, which, so far as necessary to be here quoted, is as follows :
“Sec. 3231. If the directors of a corporation declare and pay dividends when the corporation is insolvent, or which renders it insolvent, or diminishes the amount of its capital stock, such directors…
2Cases cited7 opinions
- Wiles v. . SuydamNew York Court of Appeals · 1876
- Merchants' Bank of New Haven v. BlissNew York Court of Appeals · 1866
- Jagger Iron Co. v. . WalkerNew York Court of Appeals · 1879
- Rector Church Wardens of Trinity Church v. VanderbiltNew York Court of Appeals · 1885
- Gregory v. German BankSupreme Court of Colorado · 1877
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3Cited by4 opinions
- National Bank of Commerce of Kansas City, Mo. v. RockefellerCourt of Appeals for the Eighth Circuit · 1909
- Udall Milling Co. v. Atchison, Topeka & Santa Fe Railway Co.Supreme Court of Kansas · 1910
- Bowman v. AndresCourt of Appeals for the Seventh Circuit · 1935
- Fletcher v. JonesDistrict Court, D. Maine · 1923