In re Centennial Board of Finance
| Decision Date | 29 June 1891 |
| Citation | 48 F. 350 |
| Parties | In re CENTENNIAL BOARD OF FINANCE. |
| Court | U.S. District Court — Eastern District of Pennsylvania |
S. S. Hollingsworth and Thos. Dudley, for petitioners.
The petitioners are not ordinary trustees, but the officers of a corporation, with active duties to perform as such. The distribution of the moneys in their hands is provided for by the statute out of which the corporation grew. The petitioners are required to divide it among the stockholders. From the performance of this duty we cannot relieve them. Their situation is rendered embarrassing by the circumstances stated in the petition, and we would relieve them if we had the power to do so, and could thus exercise it with propriety. Relief may probably be found through application to congress.
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Turner v. Browne
... ... 439; Crystal Pier ... Co. v. Schneider, 180 P. 948; In re Centennial Board ... of Finance, 48 F. 350. (2) As statutory liquidators the ... trustees of this dissolved ... ...
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