Legal Opinion

Webster v. Upton

Supreme Court of the United States

Decided February 18, 1876No. 440PublishedCited by 95 opinions

Error to tbe Circuit Court of tbe United States for tbe Northern District of Illinois. Tbe facts are stated in tbe opinion of tbe court.

1Opinion of the Court

Mr-. Justice Strong

delivered tbe opinion of tbe court.

Tbe Great Western Insurance Company,,of which tbe plaintiff below is tbe assignee in bankruptcy, was incorporated under tbe laws of Illinois in 1857, Avith general power to insure all kinds of property against both fire and marine losses. Subsequently to its organization, its capital was increased to more than §1,000,000, and it was authorized by laAv further to increase its capital to- §5,000,000.. It does not appear, how-eATer, from tbe record, tlia-t, of tbe stock subscribed, more than about §222,000 was ever paid in, — a sum equal to…

2Cases cited6 opinions

  1. Seymour v. . SturgessNew York Court of Appeals · 1862
  2. Hall v. United States InsuranceCourt of Appeals of Maryland · 1847
  3. President of the Delaware v. SansomSupreme Court of Pennsylvania · 1803
  4. Bend v. Susquehanna Bridge & Bank Co.Court of Appeals of Maryland · 1823
  5. Hartford & New Haven Rail-Road v. BoormanSupreme Court of Connecticut · 1838

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3Cited by95 opinions

  1. Handley v. StutzSupreme Court of the United States · 1891
  2. Pauly v. State Loan & Trust Co.Supreme Court of the United States · 1897
  3. Matteson v. DentSupreme Court of the United States · 1900
  4. Clark v. BeverSupreme Court of the United States · 1891
  5. Fogg v. BlairSupreme Court of the United States · 1891

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