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· 10/28/1889

Neal v. Lewisburg Nail Works

Citations

  • 129 Pa. 64
  • 18 A. 564
  • 1889 Pa. LEXIS 929

Syllabus

<p>Where the judgment bond of a corporation is given to certain of its directors, as a security to protect them on their indorsements for the company, and it is not made to appear that the company was insolvent at the time, or that at the time there was any collusion or actual fraudulent intent, the entry of judgment on the bond, after the insolvency of the company, will not warrant an injunction to restrain the sale or attachment of corporate property upon an execution issued thereon.</p>

Judges: Clark, Collum, Mitchell, Paxson, Sterrett, Williams

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.