Peters v. McPhadden

Citations

• 75 Wash. 525
• 135 P. 26
• 1913 Wash. LEXIS 2240

Syllabus

<p>Evidence — Remoteness—Admissibility. Upon an issue as to tbe value of corporate stock in 1909, it is inadmissible to prove that in 1912 a trust company bolding a mortgage upon tbe property of tbe corporation bad instructed its attorney to foreclose tbe mortgage.</p> <p>Corporations — Solvency—Evidence—Admissibility. A notice to creditors given by a referee in bankruptcy, reciting that a corporation bad been adjudged a bankrupt in September, 1911, is incompetent to prove tbe insolvency of tbe corporation in 1909.</p> <p>Judgment — Evidence—Adjudication of Bankruptcy. An adjudication of bankruptcy cannot be proved by a notice to creditors given by the referee in tbe bankruptcy proceedings.</p> <p>Evidence — Competency—Market Values. While tbe market value of shares of corporate stock may be proved by market reports and tables of current prices, copies of newspapers containing advertisements of brokers having tbe stock for sale at stated prices are incompetent.</p>