MR. JUSTICE CLIFFORD delivered the opinion of the court.
Stockholders in the bankrupt company were made liable by the act of incorporation "in all cases of losses exceeding the means of the corporation," each to the amount of the stock which he held; and the record shows that the defendant, at the time of the alleged loss, held fifty shares of the stock, eighty per cent of which was unpaid.
Sufficient also appears to show that the insurance company, on the...
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