Pike v. Bangor & Calais Shore Line Railroad
Supreme Judicial Court of Maine
On report. Assumpsit for money and labor, to which no defense was made, the contention being as to the liability of the alleged trustee.
1Opinion of the CourtLibbey, J.
The plaintiff claims to charge the trustee for sums due from it to the principal defendant for two assessments on the capital stock of the defendant corporation, subscribed for by the trustee. The first assessment was made by the directors of the corporation, September 19, 1876, and was for five per cent on the stock payable on or before October 15, 1876, and five per cent payable on or before December 15, 1876. The second assessment was made June 28, 1877, and was for $1.25 per share, amounting to $1,541.25 on the shares subscribed for by the trustee. The trustee made its subscription for…
2Cited by3 opinions
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