Legal Opinion

Amparo Mining Co. v. Fidelity Trust Co.

Supreme Court of New Jersey

Decided June 14, 1909PublishedCited by 27 opinions

On appeal from an order of the court of chancery advised by Vice-Chancellor Stevenson, whose opinion is reported in 71¡. N. J. Eq. (J/. Buck.) 197.

1Opinion of the Court

The opinion of the court was delivered by

Swayze, J.

The bill charges that the complainant is a New Jersey corporation; that Paxson was its president and chairman of the executive committee; that as a result of transactions with Williams and Graham, which need not here be set forth, Paxson advanced $40,000 to settle their claims against the complainant, and acquired from them five hundred and forty-nine thousand five hundred and four shares of the capital stock of the complainant; that this stock is the property of the complainant, subject only to the repayment of the advance of $40,000, with…

2Cases cited4 opinions

  1. Roller v. HollySupreme Court of the United States · 1900
  2. Arndt v. GriggsSupreme Court of the United States · 1890
  3. Jellenik v. Huron Copper Mining Co.Supreme Court of the United States · 1900
  4. Hart v. SansomSupreme Court of the United States · 1884

3Cited by27 opinions

  1. Cantor v. SachsCourt of Chancery of Delaware · 1932
  2. Atkinson v. Superior Court of Los Angeles CountyCalifornia Supreme Court · 1957
  3. Swetland v. SwetlandNew Jersey Court of Chancery · 1930
  4. Elgart v. MintzNew Jersey Superior Court Appellate Division · 1938
  5. Cameron v. Penn Mutual Life Ins. Co.New Jersey Court of Chancery · 1932

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