Reports of Cases Adjudged in the Court of Appeals of the District of Columbia Volume 10. Books Group
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Author: Books Group
Number of Pages: 214 pages
Published Date: 01 May 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781231670255
File Name: Reports.of.Cases.Adjudged.in.the.Court.of.Appeals.of.the.District.of.Columbia.Volume.10.pdf
Download Link: Reports of Cases Adjudged in the Court of Appeals of the District of Columbia Volume 10
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Author: Books Group
Number of Pages: 214 pages
Published Date: 01 May 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781231670255
File Name: Reports.of.Cases.Adjudged.in.the.Court.of.Appeals.of.the.District.of.Columbia.Volume.10.pdf
Download Link: Reports of Cases Adjudged in the Court of Appeals of the District of Columbia Volume 10
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 Excerpt: ...the Case. of the property, the purchasing company cannot set-off the amount so paid against the claims of creditors and certificate holders of the other company to the proceeds of the sale or insist upon its repayment as a condition of the rescission of the contract. It would only be entitled to the residue, if any, after payment of the claims of such creditors and certificate holders. No. 629. Submitted February 10, 1897. Decided March 1,1897. Hearing on an appeal by one of several defendants from a decree passed on the hearing of four suits in equity, consolidated by the court below, to reach assets of an insolvent corporation. Affirmed. The Court in its opinion stated the case as follows: Four suits in equity, the general purpose of all of which was to reach certain assets of the Washington Beneficial Endowment Association which had gone into the hands of the Commercial Life Insurance Company, for the purpose of subjecting such assets to the payment of the claims of various parties to the suits, were consolidated, or are assumed to have been consolidated, in the Supreme Court of the District of Columbia, where they had been instituted; and the present appeal has been taken from one decree rendered in each and all of them. The Washington Beneficial Endowment Association is, or was, a body corporate, organized under the general incorporation act of Congress enacted for the District, of Columbia, for the purpose, as stated in its certificate of incorporation, "of providing an endowment fund to be paid to the persons entitled thereto upon the death of the party named in the certificate of endowment." It was also stated in the certificate that the capital stock of the association should be 110,000, divided into 200 shares of $50 each. This was after...
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