U.S. Circuit Court for the District of Eastern Pennsylvania, 1891

In re Centennial Board of Finance

In re Centennial Board of Finance
U.S. Circuit Court for the District of Eastern Pennsylvania · Decided June 29, 1891 · Butler
48 F. 350; 1891 U.S. App. LEXIS 1602
In re Centennial Board of Finance

Opinion of the Court

Butler, J.

The petitioners are not ordinary trustees, but the officers of a corporation, with active duties to perform as such. The distribution of the moneys in their hands is provided for by the statute out of which the corporation grew. The petitioners are required to divide it *351among the stockholders. From the performance of this duty ive cannot relieve them. Their situation is rendered embarrassing by the circumstances stated in the petition, and we would relieve tliom if we had the power to do so, and could thus exercise it with propriety. Relief may probably be found through application to congress.

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