Legal Opinion

Commissioner of Banks v. Cosmopolitan Trust Co.

Massachusetts Supreme Judicial Court

Decided July 1, 1925PublishedCited by 43 opinions

1Opinion of the CourtRugg, C.J.

This is a suit in equity by the commissioner of banks in possession of the property and business óf the Cosmopolitan Trust Company seeking to charge the individual defendants as stockholders of the trust company with liability to the amount of the par value of their shares under G. L. c. 172, § 24. Commissioner of Banks v. Prudential Trust Co. 242 Mass. 78. Commissioner of Banks v. Cosmopolitan Trust Co. 247 Mass. 334. The case was referred to a master, whose report deals .at length with the issues raised.

Undisputed facts are that the trust company was organized under the laws of - this…

2Cases cited63 opinions

  1. Upton v. TribilcockSupreme Court of the United States · 1875
  2. Richmond v. IronsSupreme Court of the United States · 1887
  3. Scovill v. ThayerSupreme Court of the United States · 1882
  4. Casey v. GalliSupreme Court of the United States · 1877
  5. Handley v. StutzSupreme Court of the United States · 1891

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3Cited by43 opinions

  1. State v. Northwest Magnesite Co.Washington Supreme Court · 1947
  2. Reilly v. Selectmen of BlackstoneMassachusetts Supreme Judicial Court · 1929
  3. Watkins v. Simplex Time Recorder Co.Massachusetts Supreme Judicial Court · 1944
  4. GODOY ETC. v. Hawaii CountyHawaii Supreme Court · 1960
  5. Prudential Trust Co. v. McCarterMassachusetts Supreme Judicial Court · 1930

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

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