Opinion
Nos. 75, 76.
Argued January 14, 1909. Decided January 25, 1909.
A judgment of the highest court of Connecticut, involving the liability of stockholders under provisions in the constitution of Minnesota, reversed on the authority of Bernheimer v. Converse, 206 U.S. 516.
Page 567 [The leading headnote in Bernheimer v. Converse, 206 U.S. 516, referred to, is as follows:
"The court in this case followed the judgment of the highest court of the State in determining that a corporation was not within the exception, Page 568 constitutional and statutory, as to stockholders' liability in favor of certain classes of corporations. Where, as in Minnesota, stockholders' liability is fixed and measured by the constitution, a stockholder upon acquiring his stock incurs an obligation arising from the constitutional provisions, and as such capable of being enforced in the courts not only of that State but of another State and of the United States."]
Mr. Wm. Waldo Hyde and Mr. Charles Welles Gross for plaintiff in error.
No appearance for defendants in error.
Judgments reversed with costs on the authority of Bernheimer v. Converse, 206 U.S. 516, and cases remanded for further proceedings in conformity to law.