Summary

Portrait of James Clark McReynolds James Clark McReynolds American Railway Express Company v…

Whether petitioner is denied the equal protection of the laws by a decision of a state court which holds that a corporation which pays cash for property is a holder for value, but that a corporation which issues less than a controlling interest of its own stock for property is a donee, and takes such property subject to existing claims of the vendor's creditors.
Source: Wikisource

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