Wood v. Dummer
U.S. Circuit Court for the District of Maine
Bill in equity brought by the plaintiffs [Joshua B. Wood and others], as holders of the bank notes of the Hallowell and Augusta Bank, against the defendants LJere-miali Dummer and others], as stockholders in the same bank, for payment of the same notes upon the ground of an asserted fraudulent division of the capital stock of the bank by the stockholders.
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Bill in equity brought by the plaintiffs [Joshua B. Wood and others], as holders of the bank notes of the Hallowell and Augusta Bank, against the defendants LJere-miali Dummer and others], as stockholders in the same bank, for payment of the same notes upon the ground of an asserted fraudulent division of the capital stock of the bank by the stockholders. The defendants put in answers, denying the fraud, but admitting the division of the capital stock, &e.; and denying, the plaintiffs’ title to relief.The general replication was filed, and the cause was set down for a hearing upon the whole…
1Opinion of the Court
STORY, Circuit Justice.
The Hallowell and Augusta Bank was incorporated in March, 1804, by the legislature of Massachusetts, with a capital, stock of 5200,000, divided into shares of 5100 each, for a term which expired on the first Monday of October, 1812, with the usual rights and privileges belonging to the banks in the same state. In June, 1812, the legislature passed an act (Act of 1812, c. 57) continuing all the banks, whose charters would expire on the first Monday of October, 1S12, as corporate bodies until the first Mon- ■ day of October, 1816, “for the sole purpose of enabling said…
2Cases cited11 opinions
- Wendell v. Van RensselaerNew York Court of Chancery · 1815
- Moses v. MurgatroydNew York Court of Chancery · 1814
- Vose v. GrantMassachusetts Supreme Judicial Court · 1819
- Spear v. GrantMassachusetts Supreme Judicial Court · 1819
- Murray v. MurrayNew York Court of Chancery · 1821
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3Cited by165 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- In Re Mortgageamerica Corporation, Debtor. The American National Bank of Austin v. Mortgageamerica CorporationCourt of Appeals for the Fifth Circuit · 1983
- Young v. Higbee Co.Supreme Court of the United States · 1945
- Pierce v. United StatesSupreme Court of the United States · 1921
- Curran v. ArkansasSupreme Court of the United States · 1853
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