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HOLBROOK v. THE UNION BANK OF ALEXANDRIA

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20 U.S. 553 (1822)

7 Wheat. 553

5 L.Ed. 521

HOLBROOK et al. v. THE UNION BANK OF ALEXANDRIA.

Supreme Court of United States.

March 21, 1822.

Attorney(s) appearing for the Case

The cause was argued by Mr. Swann, for the appellant, and by Mr. Jones, for the respondent.

Mr. Chief Justice MARSHALL delivered the opinion of the Court.

The only question is, whether the road stock paid in as part of the capital of the Bank, became the common property of the company, so entirely that it should be sold and distributed among the members, after the charter of incorporation, which directed that the capital should consist of money only, was accepted; or should be returned specifically to those who subscribed it, or to the assignees of their...

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