Achenbach v. The Pomeroy Coal Company. == Same, 32
Court | Court of Appeals of Kansas |
Writing for the Court | GARVER, J.: |
Citation | 42 P. 734,2 Kan.App. 357 |
Parties | LOUISA M. ACHENBACH, as Administratrix of the Estate of T. M. Achenbach, deceased, v. THE POMEROY COAL COMPANY. -- SAME v. THE WESTERN NEWSPAPER UNION |
Docket Number | 33,32 |
Decision Date | 01 October 1895 |
42 P. 734
2 Kan.App. 357
LOUISA M. ACHENBACH, as Administratrix of the Estate of T. M. Achenbach, deceased,
v.
THE POMEROY COAL COMPANY. -- SAME
v.
THE WESTERN NEWSPAPER UNION
Nos. 32, 33
Court of Appeals of Kansas, Northern Department, Central Division
October 1, 1895
Error from district court, Washington county; F. W. Sturges, Judge.
Opinion Filed November 11, 1895.
MEMORANDUM. -- Error from Washington district court; F. W. STURGES, judge. Actions brought by The Pomeroy Coal Company against The Lincoln Stone and Marble Company, and by The Western Newspaper Union against same. In each action judgment was rendered for the plaintiff. In each case a motion was made for execution against Louisa M. Achenbach, as administratrix of the estate of T. M. Achenbach, deceased, and granted, from which orders she brings the cases here. Reversed. The opinion herein, filed November 11, 1895, states the material facts.
Order reversed and case remanded.
Powell & Powell, and J. W. Rector, for plaintiff in error.
Joseph G. Lowe, for defendant in error The Pomeroy Coal Company.
Chas. Smith, for defendant in error The Western Newspaper Union.
GARVER, J. All the Judges concurring.
OPINION
GARVER, J.:
These two cases involve substantially the same facts, and the decision in each case turns upon the answer which shall be given to the question: [2 Kan.App. 358] Can the individual liability of a stockholder in an insolvent corporation be enforced through the summary proceeding by execution against the estate of a deceased stockholder which is in course of settlement in the probate court? Our attention has not been called to any case in point, and we have found none, but, upon principle, we think the question must be answered in the negative. In these cases, judgments were obtained against the corporation, executions issued, and returned "No property." Thereafter, on motion of the plaintiffs, and after due notice to the administratrix of the estate of T. M. Achenbach, deceased, who was a stockholder in the corporation at the time of his death, the court made an order awarding execution against the estate of the deceased for the collection of the judgments against the corporation. This decision is assigned as error by the administratrix.
The status of the property of a deceased person is fixed at the time of his death. When an administrator has been duly appointed and qualified, the assets of the estate pass into the custody of the law as far as is necessary for the settlement of the estate and the payment of the debts and liabilities of the deceased. Except as provided by the statute, no creditor can thereafter, through any legal remedies, secure preference in the payment of his...
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