Case ID: dc_2/html/0451-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

The President, Managers, and Company of the Rockville and Washington Turnpike-Road v. George P. Maxwell.
    The Rockville and Washington Turnpike Company may maintain an action against a stockholder for the amount of his subscription, and are not obliged to resort to a sale of his shares.
   This was a case like the preceding case, and the Court (nem. con.) decided that the plaintiff was not confined to the remedy by a sale of the shares of a delinquent stockholder, but had a substantive cause of action against him for the subscription money ; and that a subscriber could not discharge himself from his obligation by an abandonment of his shares.