Legal Opinion
Dempster v. Morris
Court of Appeals for the Second Circuit
Decided February 8, 1932No. 29PublishedCited by 2 opinions
1Opinion of the CourtSwan, Circuit Judge
(after stating tbe faets as above).
Tbe alleged bankrupt is a New York corporation which was engaged in selling automobiles in the city of Syracuse. Its financial backer was Alexander Dempster. He was tbe president, one of the three directors, and the principal stockholder of the corporation. He was also a creditor in a substantial sum for money loaned. On September 2, 1930, pursuant to a resolution of its board of directors, the corporation committed an act of bankruptcy by admitting in writing its inability to pay its debts and its willingness to be adjudged a bankrupt on that ground. Bankr.…
2Cases cited25 opinions
- Wecker v. National Enameling & Stamping Co.Supreme Court of the United States · 1907
- Canute Steamship Co. v. Pittsburgh & West Virginia Coal Co.Supreme Court of the United States · 1923
- In re Plymouth Cordage Co.Court of Appeals for the Eighth Circuit · 1905
- Zeitinger v. Hargadine-Mckittrick Dry Goods Co.Court of Appeals for the Eighth Circuit · 1917
- In re Sig. H. Rosenblatt & Co.Court of Appeals for the Second Circuit · 1912
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3Cited by2 opinions
- In Re Syracuse Stutz Co.Court of Appeals for the Second Circuit · 1932
- Cornwall Press, Inc. v. Ray Long & Richard R. Smith, Inc.Court of Appeals for the Second Circuit · 1935