Walker v. Reister,
102 U.S. 467 (1880)

Annotate this Case
  • Syllabus  | 
  • Case

U.S. Supreme Court

Walker v. Reister, 102 U.S. 467 (1880)

Walker v. Reister

102 U.S. 467


A bill, filed by the assignee in bankruptcy of an insurance company against its former officers and directors, alleges that they had divided among themselves and friends certain bonds belonging to it, and prays for an accounting and relief. It appears from the proofs that the bonds were never the property of the company, but were, without consideration, borrowed by some of its officers for the fraudulent purposes of exhibiting them as part of its assets to the official examiners, thus furnishing evidence of its sound condition, and were afterwards returned, according to agreement, to their real owners. Held that the bill was properly dismissed.

Page 102 U. S. 468

Disclaimer: Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.