Eyster v. Centennial Board of Finance - 94 U.S. 500 (1876)
U.S. Supreme Court
Eyster v. Centennial Board of Finance, 94 U.S. 500 (1876)
Eyster v. Centennial Board of Finance
94 U.S. 500
In the distribution of the moneys remaining in the treasury of the Centennial Board of Finance at the close of that corporation, as provided for in sec. 10 of the Act of Congress of June 1, 1872, 17 Stat. 203, the appropriation of $1,500,000, made by the Act of Feb. 16, 1876, 19 id. 3, must be paid into the Treasury of the United States before any division of assets is made among the stockholders in satisfaction and discharge of the capital stock.
The facts are stated in the opinion of the Court.