Anglo-American Land Mortgage & Agency Co. v. Wood
U.S. Circuit Court for the District of Eastern Pennsylvania
At Law. On rule to compel plaintiff to elect upon which cause of action in its statement of claim it will proceed.
1Opinion of the Court
HOLLAND, District Judge.
Under the Constitution and laws of the state of Kansas, stockholders of certain corporations of the state are liable to creditors of the corporation to an amount equal to the stock owned by each stockholder.
Upon section 32, c. 23, Gen. St. 1889, the creditor has a right to-proceed against the stockholder because the corporation is bankrupt,, though not necessarily dissolved; and under section 44, of same chapter, because the corporation is dissolved, though not necessarily a bankrupt. Cottrell v. Manlove, 58 Kan. 405, 49 Pac. 519. In these cases, the Kansas…
2Cases cited9 opinions
- Pritchard v. NortonSupreme Court of the United States · 1882
- Scudder v. Union National BankSupreme Court of the United States · 1875
- Bank of the United States v. DonnallySupreme Court of the United States · 1834
- Anglo-American Land, Mortgage & Agency Co. v. LombardCourt of Appeals for the Eighth Circuit · 1904
- Cottrell v. ManloveSupreme Court of Kansas · 1897
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