Legal Opinion
Clinton Mining & Mineral Co. v. Beacom
Court of Appeals for the Third Circuit
Decided July 13, 1920No. 2543PublishedCited by 4 opinions
In Error to the District Court of the United States for the Western District of Pennsylvania; W. H. Seward Thomson, Judge. Action at law by the Clinton Mining & Mineral Company against J. S. Beacom. From a judgment of nonsuit, plaintiff brings error.
1Opinion of the Court
BUFFINGTON, Circuit Judge.
[1] In this case, the Clinton Mining & Mineral Company, a corporate citizen of Iowa and a judgment creditor of the Imperial Gold Mining & Milling Company, a corporation of Sottth Dakota, brought suit to recover from James S. Beacom, a stockholder of said company and a citizen of Pennsylvania, the amount of such judgment. The alleged right to recover was based on a statute of South Dakota (Rev. Code 1919, § 8779), which provides:
“Each stockholder of a corporation is individually and personally liable for the debts of the corporation to the extent of the amount that is…
2Cases cited4 opinions
- Louisiana Ex Rel. Folsom v. Mayor and Administrators of New OrleansSupreme Court of the United States · 1883
- Clinton Mining & Mineral Co. v. CochranCourt of Appeals for the Third Circuit · 1918
- Clinton Mining & Mineral Co. v. JamisonCourt of Appeals for the Third Circuit · 1919
- Clinton Mining & Mineral Co. v. BeacomDistrict Court, W.D. Pennsylvania · 1920
3Cited by4 opinions
- Norris v. BergdollDistrict Court, E.D. Pennsylvania · 1922
- W. S. Tyler Co. v. Deutsche Dampfschifffahrts Gesellschaft HansaDistrict Court, N.D. Ohio · 1921
- Capital National Bank v. BartleyMontana Supreme Court · 1936
- Eric v. Tax Commissioner of ConnecticutConnecticut Superior Court · 1947