BLAIR v. GRAY


104 U.S. 769 (____)

BLAIR v. GRAY.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. E.A. Otis for the plaintiff in error.

Mr. Francis Kales, contra.


MR. CHIEF JUSTICE WAITE delivered the opinion of the court.

The charter of the Republic Life Insurance Company of Chicago contains the following section:-

"SECT. 6. The real and personal property of each individual stockholder shall be held liable for any and all liabilities of the company, to the amount of stock subscribed and held by him and not actually paid in. In all cases of losses exceeding the means of the...

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