Baines v. Babcock’s Empirical Analysis
1892
Citation profile
1 district · 48 state decisions
How this case has been cited
Cited by 51 later decisions — most recently December 1952 · most notably Difani v. Riverside County Oil Co. (1927), Llewellyn Iron Works v. Abbott Kidney Co. (1916)
1 district · 48 state decisions
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.
Relationships
Relies on Sanger v. Upton · National Bank v. Case · Hatch v. Dana · Brewer v. Proprietors of the Boston Theatre · Bartlett v. . Drew
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 51 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“The liability of a stockholder for the capital stock of a company is several and not joint. By his subscription each becomes a several debtor to the company, as much so as if he had given his promissory note for the amount of his subscription. At law, certainly, his subscription may be enforced against him without joinder of other subscribers. And in equity his liability does not cease to be several.”
1 later decision quote this exact passage““It is well settled that a judgment creditor who has exhausted his legal remedies against, a corporation may maintain an action against its stockholders to recover, for the benefit of all creditors who may desire to come in and be made parties, the amount dne upon unpaid subscriptions for stock, when the corporation neglects or refuses to collect the same.””
1 later decision quote this exact passagee.g. In re Putman“It seems to be well settled that one to whom stock is issued by the corporation, and who has the same placed in his name on the corporation books as the owner, is liable to the creditors of the corporation as though he were the absolute owner, and this whether he was in fact a pledgee, agent, or trustee for the real owner.”
1 later decision quote this exact passage · from the majority
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.