the shareholder-creditor’s proportionate share of what was paid on the company’s debts is “chargeable” to the executor
How later courts described this case
- the shareholder-creditor’s proportionate share of what was paid on the company’s debts is “chargeable” to the executor
- claims against a ward are filed against the ward if she is living and against her estate if she is dead
Written by the judges who cited it.
The opinion
Mr. Justice Wilson,
specially concurring: I concur in this conclusion except as to the assessment of the interest penalties.