PATTERSON v. LYNDE


106 U.S. 519 (____)

PATTERSON v. LYNDE.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. Charles M. Harris for the plaintiff in error.

Mr. Charles M. Osborn for the defendant in error.


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

The only question we deem it necessary to consider in this case is, whether a creditor of a corporation, formed and organized under the general laws of Oregon "in relation to the formation of private corporations," can maintain an action at law against a stockholder to recover, out of an unpaid balance of subscription to the capital stock, the debt due to him from the corporation.

Section 3 of article...

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