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← 18 Bedell 254 - Lang v. . Lutz

Lang v. . Lutz’s Empirical Analysis

1905

Citation profile

16
cited by 16 later decisions
2
states following
June 1945
most recently cited

14 state decisions

How this case has been cited

Cited by 16 later decisions — most recently June 1945

14 state decisions

5019051910192019301940decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

Appellate journey

reviewedLang v. Lutz

Relationships

Relies on Newton v. Commissioners · Rexford v. . Knight · Allen v. Sewall · Corning & Horner v. McCullough · Hardman v. . Sage

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 16 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. ““The stock corporation law of 1892 clearly invested the creditor of a corporation with a right to maintain an action at law against one or more of the stockholders for the recovery of the corporate indebtedness to him, when the conditions thereto specified by the statute existed. It was a valuable right, renting in contract, and he could not, constitutionally, be deprived of its full enjoyment. It constituted a part of his security for any debt contracted by the company. The amendatory act of 1901 could not, and did not, affect that right. As to all cases which might arise thereafter, I assume that it prescribes a new rule of liability, under which the remedy available to a creditor is intended to be by way of an equitable action or proceeding, wherein all the stockholders of the corporation should be made equally and ratably responsible for the payment of corporate debts.””
    1 later decision quote this exact passage
  2. ““The stockholders of every stock corporation shall jointly and severally be personally liable to its creditors to an amount equal to the amount of the stock held by them respectively for every debt of the corporation, until the whole amount of its capital stock, issued and outstanding at the time such debt was incurred, shall have been fully paid.””
    1 later decision quote this exact passage
  3. ““Every holder of capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such ' stock was held by him.””
    1 later decision quote this exact passage

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.