Legal Opinion

Squires v. Brown

The Superior Court of New York City

Decided April 20, 1861PublishedCited by 6 opinions

In 1855, a corporation was organized by Walker and others, for the manufacture of plate glass, called “ The Jfational Plate Glass Works.” In 1856 its projectors proposed to reorganize it and form a new corporation by the name of “ The Jfational Plate Glass Company.” The plaintiff claims to be a creditor of the last named corporation, and brings this action against the defendants Brown and Dusenbury, on the ground that they were trustees thereof.

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In 1855, a corporation was organized by Walker and others, for the manufacture of plate glass, called “ The Jfational Plate Glass Works.” In 1856 its projectors proposed to reorganize it and form a new corporation by the name of “ The Jfational Plate Glass Company.” The plaintiff claims to be a creditor of the last named corporation, and brings this action against the defendants Brown and Dusenbury, on the ground that they were trustees thereof. The defendants are proceeded against under § 12 of the act passed February llth, 1848, relative to the formation of corporations for manufacturing…

1Opinion of the Court

By the court, Woodruff, Justice.

This action is brought for the purpose of charging the defendants with a debt alleged to be due from “ The National Plate Glass Company,” alleged to be a corporation organized under the “ act to authorize the formation of corporations for manufacturing and other purposes, passed February the 17th, *391848,” on the ground that the defendants are trustees of that corporation, and that they have made, published and. filed no annual statement or report stating the amount of the capital, the proportion paid in, or the amount of the existing debts, as required by the…

2Cited by6 opinions

  1. Miller v. WhiteNew York Supreme Court · 1870
  2. Hyatt v. EsmondNew York Supreme Court · 1862
  3. Jackson v. CliffordCourt of Appeals for the D.C. Circuit · 1895
  4. Bank of California v. CollinsNew York Supreme Court · 1875
  5. Miller v. WhiteNew York Supreme Court · 1871

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