Reports of Cases Determined in the Court of Chancery and on Appeals Therefrom in the Supreme Court of Delaware Also of Cases in the Orphan's Court of Delaware, Volume 4; Volume 11Mercantile Printing Company, 1920 |
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Common terms and phrases
Ackerman action agreement alleged answer appear applied appointed assessment assets assigned authority beneficiary bill bondholders bonds certificate Chancellor cited claims Coleman du Pont common stock complainant contract corporation Court of Chancery court of equity creditors debts decree deed Delaware directors dollars elected enforce enjoin entitled evidence executors fact filed fund held holders insolvency Insurance Company interest invalid issued January 21 judgment jurisdiction Kehoe land legacies liability McGovern meeting ment mortgage N. J. Eq October 29 officers Opinion ordinance owner paid pany parties payment persons petition plainant preferred stock proceeding Protective Company purchase question R. Y. Slater real estate reason receiver relief Rosenheim rule rule against perpetuities securities set-off shares of stock solicitor specific performance statute Statute of Frauds stockholders subscribers subscriptions suit Syllabus testator testatrix testimony thereof tion unpaid valid voting trust Waples William Wilmington
Popular passages
Page 7 - Facility of Payment" clause in the policy which provided that, "The company may make any payment provided for in this policy to any relative by blood or connection by marriage of the insured, or to any other person appearing to said company to be equitably entitled to the same by reason of having incurred expense on behalf of the insured, for his or her burial, or, if the insured be more than fifteen years of age at the date of this policy, for any other purpose...
Page 150 - No interest in real or personal property shall be good unless it must vest, if at all, not later than 21 years after some life in being at the creation of the interest and any period of gestation involved in the situation to which the limitation applies.
Page 491 - Where the whole capital of a Corporation shall not have been paid in, and the capital paid shall be insufficient to satisfy the claims of its creditors, each stockholder shall be bound to pay, on each share held by him, the sum necessary to complete the amount of such share, as fixed by the Charter of the Company, or such proportion of that sum as shall be required to satisfy the debts of the Company.
Page 160 - All the rest, residue and remainder of my estate, of whatsoever kind and wheresoever...
Page 150 - No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest.
Page 134 - The great object of the rule is to secure domestic happiness by placing the protecting seal of the law upon all confidential communications between husband and wife; and whatever has come to the knowledge of either by means of the hallowed confidence which that relation inspires cannot be afterwards divulged in testimony, even though the other party be no longer living.
Page 438 - It is publicly pledged to those who deal with the corporation for their security. Unpaid stock is as much a part of this pledge, and as much a part of the assets of the company, as the cash which has been paid :n upon it.
Page 147 - At the death of my daughter should she have issue the trust is to continue until my daughter's youngest child shall have reached the age of twenty-five years (25) when the principal shall be equally divided between my grandchildren if they shall be then living, and in case any of my grandchildren shall be then deceased leaving lawful issue, the surviving such issue to take the share their parent would have taken if living, and in case any of my said grandchildren should be then deceased without lawful...
Page 217 - They seem intended to confer, and actually do confer, not a discretion to be exercised upon a consideration of the circumstances of each case, but a naked and arbitrary power to give or withhold consent, not only as to places, but as to persons.
Page 98 - Independent of statute, it may generally be said that insolvency, when applied to a person, firm, or corporation engaged in trade, means inability to pay debts as they become due in the usual course of business.