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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 3, Page 656   View pdf image (33K)
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656 THE CAPE SABLE COMPANY'S CASE.
ground, than that the debtor then before court had been admitted
or shewn to be in such a condition of insolvency as rendered an
equal and equitable distribution of its estate among its creditors
proper and necessary. Hence it is clear, in this as in every other
similar case of a creditor's suit, that neither the plaintiff, nor those
who come in under the decree, can now be allowed to draw in
question and again put in issue any claim of any creditor whose
claim has been thus established; except upon the ground of fraud
and collusion of the then parties.
Here, however, these plaintiffs now again, and Lechleitner
and others, who have come in under this decree, as creditors of
The Cape Sable Company, have, by their exceptions to the audi-
tor's report, not only denied the validity of these claims of Oliver
and Carroll as judgment creditors, but have also denied that they
can be considered as creditors of that company at all, or to any
amount. But these matters have been heretofore put in issue;
and, after a full investigation have been finally and by consent ad-
judicated upon; and therefore, must now be considered as en-
tirely at rest; since, if it were otherwise, there would be no end
to litigation.
But although it has been finally established, that Oliver and
Carroll are to be considered as judgment creditors; yet as it has
not been distinctly declared on which of their judgments they
shall be compelled to rest their claim, it will be necessary now to
ascertain that, in order to determine how they are to take rank in
relation to each other.
It appears, that Oliver's first judgment was obtained on the 9th
of December, l822, in Anne Arundel County Court; and that its
execution was stayed by an injunction from this court; for causes
explained in the orders of the 21st of April, 1823, and the 7th of
May, 1824; and because of its having been obtained in the court
of a county not the proper residence of The Cape Sable Company.
As to what may be deemed the residence of a corporation, it
may be well to recollect, that, as no government can give to its
laws any extra-territorial operation, all bodies politic must neces-
sarily be considered as artificial beings of that country by whose
government they were incorporated; and alien entities in all other
countries; that a corporation may, in the country of its origin,
have a fixed locality and residence, from its nature and the terms
of its creation, as a city, town, &c. And that all corporations;
such as banks, &c. which are transitory in their nature; and which


 
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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 3, Page 656   View pdf image (33K)
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