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" ... is deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien or right of priority of payment on it, in preference to any of the stockholders in the corporation. "
Reports of Cases Decided in the Court of Chancery of the State of New Jersey - Page 501
by New Jersey. Court of Chancery - 1882
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 8

Georgia. Supreme Court - Equity - 1850 - 688 pages
...referred that class of cases, where the stock, and other property of private corporations, is deemed a trust fund, for the payment of the debts of the corporation. So, that the creditors have a lien or right of priority of payment on it, in preference to any of the...
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 8

Georgia. Supreme Court - Equity - 1850 - 660 pages
...referred that class of cases, where the stock, and other property of private corporations, is deemed a trust fund, for the payment of the debts of the corporation. So, that the ereditors have a lien or right of priority of payment on it, in preference to any of the...
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Select Cases in Equity and at Law: Argued and Determined in the ..., Volume 1

Pennsylvania. Court of Common Pleas (Philadelphia County) - 1853 - 612 pages
...well as according to the legislative intention, the capital stock of incorporated companies is deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien on, or right of priority of payment out of such capital stock,...
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Commentaries on the Jurisdiction, Practice, and Peculiar ..., Volume 1

George Ticknor Curtis - Constitutional law - 1854 - 674 pages
...may refer that class of cases where the stock and other property of private corporations is deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien, or right of priority of payment on it, in preference to any of...
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 15

United States. Supreme Court - Law reports, digests, etc - 1854 - 600 pages
...may refer that class of cases where the stock and other property of private corporations is deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien, or right of priority of payment on it, in preference to any of...
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Practice Reports in the Supreme Court and Court of Appeals, Volume 50

Nathan Howard (Jr.) - Civil procedure - 1876 - 650 pages
...familiar principle in equity jurisprudence, that the stock and property of a corporation is deemed a trust fund for the payment of the debts of the corporation, and that creditors have a lien, or right of priority of payment in preference to any of the stockholders...
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Commentaries on Equity Jurisprudence: As Administered in England ..., Volume 2

Joseph Story - Equity - 1877 - 908 pages
...may refer that class of cases where the stock and other property of private corporations is deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien or right of priority of payment on it, in preference to any of...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volume 4

Law reports, digests, etc - 1877 - 692 pages
...familiar principle in equity jurisprudence, that the stock and property of a corporation is deemed a trust fund for the payment of the debts of the corporation, and that the creditors have a lien or right of priority of payment in preference to any of the stockholders...
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A Treatise on the Liability of Stockholders in Corporations

Seymour Dwight Thompson - Corporation law - 1879 - 584 pages
...the American courts 2 that the capital stock, and other property, of a corporation is to be deemed a trust fund for the payment of the debts of the corporation ; so that the creditors have a lien or right of priority of payment on it, in preference to any of...
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The National Bankruptcy Register Reports: Containing All the ..., Volume 18

William A. Shinn - Bankruptcy - 1879 - 636 pages
...century before these cases were decided, Judge Story held that the capital stock of a corporation was a trust fund for the payment of the debts of the corporation, and that it might be followed into the hands of the stockholders, or of any persons having notice of...
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