[DOWNLOAD] "Pollock v. Farmers Loan and Trust Company." by Supreme Court of the United States * Book PDF Kindle ePub Free

eBook details

Title: Pollock v. Farmers Loan and Trust Company.
Author : Supreme Court of the United States
Release Date : January 08, 1895
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 229 KB

Description

The jurisdiction of a court of equity to prevent any threatened breach of trust in the misapplication or diversion of the funds of a corporation by illegal payments out of its capital or profits has been frequently sustained. Dodge v. woolsey, 18 How. 331; Hawes v. Oakland, 104 U.S. 450. As in Dodge v. Woolsey, this bill proceeds on the ground that the defendants would be guilty of such breach of trust or duty in voluntarily making retfurns for the imposition of, and paying, an unconstitutional tax; and also on allegations of threatened multiplicity of suits and irreparable injury.