Pool v. Chapman’s Empirical Analysis

Citation profile

7 state decisions

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 7 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. ““It thus appears that in the interest of the depositors and creditors for whom the commissioner acts, and in order to expedite the administration and final settlement of the insolvent bank’s business, and thus protect such depositors and creditors against losses for delay, the commissioner’s findings as to a stockholder’s liability, and his assessment based thereon, have .by the courts, been given a quasi judicial status. Such is the rule laid down in the cases cited. It follows then, necessarily, that when appellant alleged that said bank was insolvent on May 31, 1921, that Pool had transferred his stock, less than twelve months prior thereto; that at the time of said transfer said bank owed ■debts in excess of the par value of Pool’s stock; that appellant had, after investigation, fixed his liability in accordance with law, and demanded payment which was refused; his allegations were sufficient. Under the decisions, when he had proved these essential elements he established •a prima facie case .of liability against Pool, and as against a general demurrer it is elementary that he would not be required to allege more than it was necessary to prove to make out his case.””

   1 later decision quote this exact passage
   e.g. Pool v. Chapman

2. ““Whereas, after careful investigation and inquiry, I have determined that in order to pay all debts of the said Guaranty State Bank of Sipe Springs; as provided by law, it will be necessary that the individual liability of the stockholders of said bank shall be enforced, to -the full extent of such liability.””

   1 later decision quote this exact passage
   e.g. Pool v. Chapman