Legal Opinion

American Spirits Manufacturing Co. v. Eldridge

Massachusetts Supreme Judicial Court

Decided September 6, 1911PublishedCited by 3 opinions

Bill in equity, filed in the Supreme Judicial Court on October 3, 1910, under R. L. c. 159, § 3, cl. 7, by the American Spirits Manufacturing Company, a corporation organized under the laws of the State of New York, against Chauncy Eldridge of Needham, William H. Tucker, S. Reed Anthony and Nathan Anthony of Boston, Philip L. Saltonstall of Milton, the Binghamton Light, Heat and Power Company, a corporation organized under the laws of the State of New York, the Northwestern…

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Bill in equity, filed in the Supreme Judicial Court on October 3, 1910, under R. L. c. 159, § 3, cl. 7, by the American Spirits Manufacturing Company, a corporation organized under the laws of the State of New York, against Chauncy Eldridge of Needham, William H. Tucker, S. Reed Anthony and Nathan Anthony of Boston, Philip L. Saltonstall of Milton, the Binghamton Light, Heat and Power Company, a corporation organized under the laws of the State of New York, the Northwestern Power Company, a corporation organized under the laws of the State of Maine, the Hartford and Springfield Street Railway…

1Opinion of the CourtBraley, J.

The defendants have demurred, and the question is, whether the bill, the allegations of which are admitted, states a case. It is alleged, that, by the laws of Illinois providing for the incorporation of associations “ organized for the purpose of constructing railways, maintaining and operating the same, . . . Each stockholder of any corporation formed under the provisions of this act, shall be held individually liable to the creditors of such corporation to an amount not exceeding the amount unpaid on the stock held by him, for any and all debts and liabilities of such corporation, until the…

2Cases cited24 opinions

  1. Liverpool & Great Western Steam Co. v. Phenix InsuranceSupreme Court of the United States · 1889
  2. Bernheimer v. ConverseSupreme Court of the United States · 1907
  3. Whitman v. Oxford National BankSupreme Court of the United States · 1900
  4. Hatch v. DanaSupreme Court of the United States · 1880
  5. Flash v. ConnSupreme Court of the United States · 1883

19 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Stone v. Old Colony Street Railway Co.Massachusetts Supreme Judicial Court · 1912
  2. Friede v. SproutMassachusetts Supreme Judicial Court · 1936
  3. Long v. SymondsMassachusetts Supreme Judicial Court · 1914

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