 | Missouri. Supreme Court - 1910 - 866 pages
...creditors who participated in such scheme, could not maintain an action against such stockholders for the difference between the par value of the stock and the amount paid, on the theory that they dealt with the corporation on the faith and credit that the stock was... | |
 | New York (State). Supreme Court. Appellate Division - 1902 - 766 pages
...has been called that makes the holder of capital stock of a corporation liable to the corporation for the difference between the par value of the stock and the amount that under an agreement between the corporation and the stockholder the stockholder has paid the corporation... | |
 | 1898 - 1200 pages
...the corporation, be charged, in favor of a creditor who became such after the stock was issued, with the difference between the par value of the stock and the amount paid the corporation therefor, to the extent necessary to satisfy the creditors' claims. 2. Section... | |
 | Abraham Clark Freeman - 1899 - 1044 pages
...transferees with notice, are answerable to a creditor, who became such after the stock was issued, for the difference between the par value of the stock and the amount paid the corporation therefor to the extent necessary to satisfy his claim, and the creditor Is entitled... | |
 | 1902 - 1242 pages
...dismissed the complaint. Prior to the assignment the corporation could not have sued this defendant for the difference between the par value of the stock and the amount the defendant actually paid the company therefor. The stock was issued by the company to the defendant... | |
 | 1911 - 1322 pages
...creditors who participated in such scheme, could not maintain an action against such stockholders for the difference between the par value of the stock and the amount paid, on the theory that they dealt with the corporation on the faith and credit that the stock was... | |
 | John Thomas Mulligan - 1913 - 616 pages
...paid, under the trust fund doctrine, such stockholder is liable to the creditors of the corporation for the difference between the par value of the stock and the amount he has paid therefor. Where, however, the stock has been fully paid, in the absence of statutory authority,... | |
 | California. District Courts of Appeal - 1914 - 964 pages
...whatever form, are held in trust for its creditors. Among such assets are unpaid balances consisting of the difference between the par value of the stock and the amount actually paid therefor by the purchaser from the corporation, as to the payment of which, so far as... | |
 | William Mark McKinney, Burdett Alberto Rich - 1915 - 1276 pages
...transferees with notice, are answerable to a creditor, who became such after the stock was issued, for the difference between the par value of the stock and the amount paid the corporation therefor.12 And, according to some courts, although certificates of stock may... | |
 | 1917 - 1248 pages
...the courts, which many years ago set up the trust-fund doctrine, the effect of which was to declare the difference between the par value of the stock and the amount which had actually been paid for it in money or property, a trust fund in the hands of the holders... | |
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The discount in the one instance represents the difference between the par value of the stock and the amount received for it; the commission represents that difference in the other. 
