Ulster County Savings Institution v. Young
New York Court of Appeals
Appeal from a judgment of the Appellate Division of the Supreme Court in the third judicial department entered March 17, 1897, affirming a judgment in favor of plaintiff entered upon a verdict directed by the court, and an order denying a motion for a new trial.
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Appeal from a judgment of the Appellate Division of the Supreme Court in the third judicial department entered March 17, 1897, affirming a judgment in favor of plaintiff entered upon a verdict directed by the court, and an order denying a motion for a new trial. This action was brought to recover the sum of $15,000 and interest, the penalty in a bond given by Matthew T. Trumpbo nr, with the defendant’s testator, Thomas Cornell, as surety for the faithful performance by Trumbour of the duties of assistant treasurer of the plaintiff. The facts, so far as material, are stated in the opinion. The…
1Opinion of the CourtMartin, J.
The plaintiff is a savings bank incorporated by chapter 152, Laws 1851, and acts amendatory thereof, and since its organization has transacted its business at Kingston, N. Y.
The statute under which the plaintiff was organized conferred upon its board of trustees the power to make and establish such by-laws, rules and regulations as they should judge proper for the election of tlieir officers, for prescribing their functions and the mode of discharging the same, and also provided that the board might appoint such subordinate officers and agents -of the corporation as they might deem necessary,…
2Cases cited5 opinions
- Smith v. . MollesonNew York Court of Appeals · 1896
- National Mechanics' Banking Ass'n v. ConklingNew York Court of Appeals · 1882
- Hoyt v. . BonnettNew York Court of Appeals · 1872
- Niles v. CrockerNew York Supreme Court · 1895
- Cruikshank v. CruikshankNew York Supreme Court · 1854
3Cited by44 opinions
- United States Ex Rel. Hill v. American Surety Co. of NYSupreme Court of the United States · 1906
- Utica City National Bank v. GunnNew York Court of Appeals · 1918
- Diehl v. . BeckerNew York Court of Appeals · 1919
- Multnomah County v. United States Fidelity & Guaranty Co.Oregon Supreme Court · 1918
- Standard Acc. Ins. Co. v. Pennsylvania Car Co.Court of Appeals of Texas · 1929
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