(DOWNLOAD) "George Beaston, Garnishee of the Elkton Bank of Maryland v. the Farmers' Bank of Delaware" by United States Supreme Court # Book PDF Kindle ePub Free

eBook details

Title: George Beaston, Garnishee of the Elkton Bank of Maryland v. the Farmers' Bank of Delaware
Author : United States Supreme Court
Release Date : January 01, 1838
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 101 KB

Description

A corporation being within the act of congress, if before the attachment of the Bank of Delaware, the Elkton Bank had become insolvent, the priority of the United States had attached: what was the situation of the Elkton Bank; what are the evidences of its insolvency? This is shown by the return of nulla bona, to the attachment against the bank; by the inability of the bank to discharge its debts. In fact, there was no banking operations by the bank after 1829; no meeting of the stockholders: and all its operations as a bank were arrested, because of its entire and absolute inability to pay its debts.