Legal Opinion

First National Bank v. Almy

Massachusetts Supreme Judicial Court

Decided May 8, 1875PublishedCited by 29 opinions

Contract upon a promissory note for $1300, signed by “ The Salem and New York Express Steamship Corporation by J. H. Webb, Trs.,” payable to the order of the corporation three months after date, and indorsed to the plaintiff.

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Contract upon a promissory note for $1300, signed by “ The Salem and New York Express Steamship Corporation by J. H. Webb, Trs.,” payable to the order of the corporation three months after date, and indorsed to the plaintiff. The case was heard in this court upon the following agreed facts: On May 31, 1871, John Daland, Walworth S. Crane, Willard P. Phillips, Charles H. Price and others, associated themselves together, by an agreement in writing, with the intention of organizing a corporation under the St. of 1870, e. 224, to be established at Salem, for the purpose of doing business as a…

1Opinion of the CourtGray, C. J.

The defendants having associated themselves together by an agreement in writing, setting forth their intention to constitute a corporation, the name, purpose and location thereof, the amount of its capital stock, and the number and par value of its shares ; the officers, chosen at a meeting duly called for the purpose, having submitted to the commissioner of corporations a certificate setting forth a true copy of that agreement and the date of that meeting, together with the records of the corporation ; and that certificate having been approved by the commissioner and filed in the office of…

2Cases cited5 opinions

  1. Pollard v. BaileySupreme Court of the United States · 1874
  2. Haggerty v. FosterMassachusetts Supreme Judicial Court · 1869
  3. Merrick v. Reynolds Engine & Governor Co.Massachusetts Supreme Judicial Court · 1869
  4. Priest v. Essex Hat Manufacturing Co.Massachusetts Supreme Judicial Court · 1874
  5. Hawes v. Anglo-Saxon Petroleum Co.Massachusetts Supreme Judicial Court · 1872

3Cited by29 opinions

  1. National Bank v. Texas Investment Co.Texas Supreme Court · 1889
  2. Kelley v. Newburyport & Amesbury Horse RailroadMassachusetts Supreme Judicial Court · 1886
  3. Snider's Sons' Co. v. TroySupreme Court of Alabama · 1890
  4. Planters' & Miners' Bank v. PadgettSupreme Court of Georgia · 1882
  5. Louisville Banking Co. v. EisenmanCourt of Appeals of Kentucky · 1893

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