Legal Opinion

Lloyd v. Preston

Supreme Court of the United States

Decided December 19, 1892No. 59PublishedCited by 14 opinions

APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOB THE SOUTHERN DISTRICT OF OHIO. • On October 12, 1881, Edward L: Harper was the owner of what was then known as the Columbus, Washington and' Cincinnati Railroad,"a narrow gauge- road extending from Allentown to New Burlington, in ’the State of Ohio. . Prior to that time Harper had been engaged in the purchase and sale of grain, in the city of Chicago, Illinois, through J. W. .Preston & Co., W. E. McHenry, Preston &…

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APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOB THE SOUTHERN DISTRICT OF OHIO. • On October 12, 1881, Edward L: Harper was the owner of what was then known as the Columbus, Washington and' Cincinnati Railroad,"a narrow gauge- road extending from Allentown to New Burlington, in ’the State of Ohio. . Prior to that time Harper had been engaged in the purchase and sale of grain, in the city of Chicago, Illinois, through J. W. .Preston & Co., W. E. McHenry, Preston & McHenry, and H. Eckert & Co., agents for W. E. McHenry .and Preston & -McHenry, and on account of such grain transactions the…

1Opinion of the CourtJustice Sbibas

This was a bill filed by judgment creditors of the Cincinnati, Columbus and Hocking Yalley Railway Company to compel E. L. Harper and others to pay their respective unpaid subscriptions to the capital stock of said company, .in order that the same might be applied to the payment of complainants’ judgments, which remained' unsatisfied after proceedings at law.

The bare statement of the facts attending the organization of the railway company fully justifies the opinion of the court below “.that the entire organization was grossly fraudulent from first to last, without a single honest incident or…

2Cited by14 opinions

  1. Hooper v. Central Trust Co.Court of Appeals of Maryland · 1895
  2. State Trust Co. v. TurnerSupreme Court of Iowa · 1900
  3. Kelly v. ClarkMontana Supreme Court · 1898
  4. Bankers Trust Co. v. Hale & Kilburn CorporationCourt of Appeals for the Second Circuit · 1936
  5. Clinton Mining & Mineral Co. v. JamisonCourt of Appeals for the Third Circuit · 1919

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