Business Organizations Law | Open Access Articles

Rights Of Margin Customers In Brokers' Failures, Jay T. Mccamic Dec 1925

Rights Of Margin Customers In Brokers' Failures, Jay T. Mccamic

West Virginia Law Review

No abstract provided.

International Law--Witholding Of Political Recognition--Suit By Russian Corporation In Court Of Equity, Edwin D. Dickinson Nov 1925

International Law--Witholding Of Political Recognition--Suit By Russian Corporation In Court Of Equity, Edwin D. Dickinson

Articles

"The plaintiff corporation was incorporated in Russia under the Imperial government. Prior to the Russian Revolution it had deposited certain securities and moneys with the defendant, as trustee, as required by the New York statutes, for the protection of policy-holders and creditors. In this suit to compel the return of the funds the defendant claimed that the plaintiff corporation was no longer in existence because of the Russian Soviet decrees.... Held, that although the court cannot recognize the legal validity of the decrees of the Soviet government, the facts of the situation are such that justice and reason require …

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The "Trust Fund" Theory: A Study In Psychology, Hyman Zettler Oct 1925

The "Trust Fund" Theory: A Study In Psychology, Hyman Zettler

Washington Law Review

The trust fund doctrine was one of the most interesting judicial creations of the last half of the nineteenth century. It performed and still performs a very useful function, but it has suffered much from its unfortunate name. In some jurisdictions the result has been an undue curtailment of its functions; in others, an undue extension of them. The doctrine has apparently come in for its most extensive application in our own jurisdiction. Indeed, it is here reaching out for new fields. It is, therefore, important for us to know the real scope of the theory and whether it should …

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The Russian Reinsurance Case, Edwin D. Dickinson Oct 1925

The Russian Reinsurance Case, Edwin D. Dickinson

Articles

Professor Dickinson's second commentary on Russian Reinsurance Company v. Stoddard and Bankers Trust Company: "The facts in the Russian Reinsurance Company case were without precedent. The Reinsurance Company had been incorporated in Russia in 1899 under a special statute constituting its charter and by-laws.... In 1917 the revolutionary Soviet Government was established in Russia and seven of the eight persons constituting the company's board of directors was driven into exile. In 1918 Soviet decrees nationalized the company, confiscated its property, and apparently terminated its corporate existence. Nevertheless, the exiled directors held meetings in Paris and continued to direct the …

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The Administration Of The Property Of A Deceased Partner, Burton J. Wheelon Jun 1925

The Administration Of The Property Of A Deceased Partner, Burton J. Wheelon

Washington Law Review

The descent of property to heirs or devisees is a right conferred by society and the statutes governing administration and distribution must, as a general rule, be strictly complied with. The case of the administration of a deceased member of a partnership, however, deals with property which does not belong to the deceased alone, but in which the surviving partners have a common and often equal or superior interest. Furthermore, the obligations incurred by the firm, through its members, bind the members jointly, it being remembered that a partnership is not an entity in the eyes of the law, but …

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Principles Of Corporation Law, By William W. Cook (1925), Ivan W. Goodner Jun 1925