Samuel Freeman Miller

Samuel Freeman Miller

Summary

Portrait of Samuel Freeman Miller Samuel Freeman Miller Barton v. Barbour — Dissent

When a receiver appointed to wind up a defunct corporation has no power to make new contracts,-when his sole duty is to convert the property into a fund for the payment of debts, and for distribution among those who are entitled to it,-a very strong reason exists why the court which appointed him should alone control him in the performance of his duty. In such cases, the Court of Chancery has the undoubted right to protect him by injunction against parties suing him in another court, and to punish them for contempt.
Source: Wikisource

Portrait of Samuel Freeman Miller Samuel Freeman Miller Barton v. Barbour — Dissent

The rapid absorption of the business of the country of every character by corporations, while productive of much good to the public, is beginning also to develop many evils, not the least of which arises from their failure to pay debts and perform the duties which by the terms of their organization they assumed. One of the most efficient remedies for the failure to pay, when it arises from inability, is to place the corporation in the hands of a receiver, that its affairs may be wound up, its debts discharged, and the remaining assets, if any there be, distributerd among its stockholders.
Source: Wikisource

Portrait of Samuel Freeman Miller Samuel Freeman Miller Barton v. Barbour — Dissent

Not only this, but the right of trial by jury, which has been regarded as secured to every man by the constitutions of the several States and of the United States, is denied to the person injured, and though his case has no element of equitable jurisdiction he is compelled to submit it to a court of chancery or to one of the masters of such a court.
Source: Wikisource

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