OGILVIE ET AL. v. KNOX INSURANCE CO. ET AL.


63 U.S. 380 (1859)

22 How. 380

ADAM OGILVIE AND OTHERS, APPELLANTS, v. THE KNOX INSURANCE COMPANY, LEVI SPARKS, AND OTHERS.

Supreme Court of United States.


Attorney(s) appearing for the Case

It was argued by Mr. Gillet for the appellants, upon which side there was also a brief filed by Mr. Judah, and submitted on a printed argument by Mr. Crawford for the appellees.


Mr. Justice GRIER delivered the opinion of the court.

The complainants in this case are judgment creditors of the Knox Insurance Company. The numerous other defendants are stockholders of the company, and are severally charged as debtors to it, for the unpaid portion of the stock subscribed by them.

The company is insolvent, or at least is unable to pay its creditors, without calling in the capital subscribed and secured...

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