Horace Gray

“ The cases in which judgments against a territorial and municipal corporation have been enforced against its inhabitants, either by direct levy of execution on their property, according to common law or ancient usage, as in New England, or by mandamus to levy a tax to pay the judgment, pursuant to express statute, as in Missouri, have no bearing upon this case. ”

“ Each person sought to be charged as a stockholder is thus given the right, before execution can be awarded against him on a judgment against the corporation, to written notice and judicial investigation of the questions whether he is a stockholder, and, if he is, how much remains unpaid on his stock. ”

“ Neff, 95 U.S. 714, from which it will be sufficient to quote a few sentences: 'Every state possesses exclusive jurisdiction and sovereignty over persons and property within its territory,' and 'no state can exercise direct jurisdiction and authority over persons or property without its territory.' Page 722. ”