Reports of Cases Argued and Determined in the Supreme Court of Louisiana (Volume 2; V. 41)
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Reports of Cases Argued and Determined in the Supreme Court of Louisiana (Volume 2; V. 41)

Reports of Cases Argued and Determined in the Supreme Court of Louisiana (Volume 2; V. 41)


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This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1843. Not illustrated. Excerpt: ... Shiff v. The Union Insurance Company. As to the responsibility of the stockholders towards the creditors, we have not a shadow of doubt. As between themselves, when calls are made for payment, and their rights under the charter are to be investigated, other questions will, no doubt, arise, which it is not our purpose to examine at this time. Re-hearing refused. Hart M. Shiff t;. The Union Insurance Company. Appeal from the Commercial Court of New Orleans, Watts, J. T. Slidell, for the plaintiff. Hoffman, for the appellants. Martin, J. This case is of exactly the same nature as that brought by Cucullu and others against the same defendants, just decided. The plaintiff summoned the Atchafalaya Rail Road and Banking Company as garnishees, with the view of obtaining judgment against them for the amount which he had recovered against the defendants; and the Bank is appellant from a judgment sustaining his claim. In their answers to the interrogatories, the Bank denied its indebtedness to the defendants, admitted its ownership of part of the stock of the Company, and averred that it had paid all the instalments called for by the Board of Directors of the Insurance Company. On this the plaintiff took a rule on the Bank, to show cause why judgment should not be given against it for the amount of the judgment, interest, and costs, recovered from the defendants. On the trial of the rule, the plaintiff introduced in evidence his judgment against the defendants, their charter, and the admission made by the Bank in the preceding case, to wit, that the Bank was a subscriber to the stock of the Insurance Company for one thousand shares, and had paid only $5 per share, and that there are other subscribers to the stock to an equal amount, who are in the same situation, t. e., ha...


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Product Details
  • ISBN-13: 9781150980350
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 256
  • Spine Width: 14 mm
  • Width: 189 mm
  • ISBN-10: 1150980354
  • Publisher Date: 01 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 463 gr

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Reports of Cases Argued and Determined in the Supreme Court of Louisiana (Volume 2; V. 41)
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