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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 3, Page 425   View pdf image (33K)
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MCKIM v. ODOM. 425
allowed, where the right to a deposite, or the stock of a company,
was made the subject of controversy in any suit, to order the com-
pany to transfer or hold its stock, and to pay or hold dividends of
deposites, as the justice of the case might require, by serving upon
them a copy of such order without making them parties to the
suit. These few alterations in the course of the procedure of this
court, would save to all parties, in such cases, a deal of time,
trouble, and expense, which is now unnecessarily wasted, (n)
When I consider that this is the first application of its kind;
that there has been heretofore no regularly settled practice in this
court in relation to bodies politic; and that it has a large, and
almost unlimited control over its own rules of practice, (o) I feel
tempted at once to make those evidently useful alterations as to
the course of proceeding against corporations. But when, on the
other hand, I recollect that it has been always considered as an
established principle, that this court is confined, in all material
particulars, to those forms of proceeding which have been settled
by the Court of Chancery of England, from which it has deduced
all its modes of acting; (p) and also, that this conformity to the
ancient English course of proceeding, has been, in various ways,
recognized and affirmed by legislative enactments, (g) I have be-
come satisfied that it is safest and best to leave the matter to the
General Assembly, who alone are competent to alter and shorten
the process in Chancery, permanently and effectually. I shall,
therefore, hold myself bound to adopt and apply the ancient and
known writs and process of the English Court of Chancery, so
far as they have not been altered or affected by the principles of
our government; or the positive provisions of our laws, in the
best manner that the nature and circumstances of the case will
permit.
It is said, in one of the very respectable treatises on equity plead-
ing, that 'in the case of a corporation aggregate, where the answer
is under the common seal, the bill must pray, that a writ called a
writ of distringas, may issue under the great seal, which is for the
purpose of distraining them by their goods and chattels, rents and
profits, until they obey the summons or direction of the court.' (r)
What is here said, however, as to the prayer of the bill, is cer-
(n) Some alterations have been since made by the acts of 1832, ch. 306, and
1834, ch.89.-(o) Dicas v. Lord Brougham, 25 Com. Law Rep. 382.—(p) Digges'
Lessee v. Beale, 1 H. & McH. 71; Ringgold's case, 1 Bland, 18.—(q) 1785, ch, 72,
. 25 and 26; Collyer on Partn. 412.—(r) Coop. Pl. Eq 16.
54 v.3


 
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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 3, Page 425   View pdf image (33K)
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