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Judge rules King not liable in $199900 Danbury Bethel stock suit
Judge Frank D. Haines sustains demurrer in the Danbury Bethel Street Railway case. John T. King’s subscription to Bridgeport and Danbury stock is not a valid cause of action. the Bridgeport & Danbury needs no funds and owes no obligations to the Danbury & Bethel. The Danbury & Bethel assumes debts, but Kings obligation was limited. no call for payment was made and property transfers eliminate liability. Receiver Ives’ motion to compel King to furnish funds is rejected.
MENTIONED IN THIS ARTICLE
John T. King
Bridgeport & Danbury Electric Railway Company
Tier Corporation
Frank D. Haines
Bridgeport Republican
J. Moss Ives
Danbury & Bethel Street Railway Company
Rine
Bridgeport & Danbury Company
Haines
Danbury & Bethel
Bridgeport and Danbury
Danbury and
Bethel
Dhoi
Gannot
Sne
Bridgeport & Danbury
Banbury & Bethel
Danbury ,& Bethel
Bridgeport & Dan
Bury
Equity
Lvormer
Gridgeport & Danbury
Wing
Tridgeport “& Danbury
Bridgeport G Tanbury
Birdreport
Danbury
King
Heines
Ives
Deorest & Klein
King of
Comley & Comley