In re Majority of the Directors of The Murray Hill Bank
Appellate Division of the Supreme Court of the State of New York
Appeal by Frederick D. Iiilburn, as Superintendent of the Banking Department of the State of New York, and Theodore E. Hancock, Attorney-General of the State of New York, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 23d day of December, 1896, directing Benjamin B. Odell, Jr., and Edward H. Hobbs, receivers of the Murray Hill Bank appointed in the second department, and Frederick…
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Appeal by Frederick D. Iiilburn, as Superintendent of the Banking Department of the State of New York, and Theodore E. Hancock, Attorney-General of the State of New York, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 23d day of December, 1896, directing Benjamin B. Odell, Jr., and Edward H. Hobbs, receivers of the Murray Hill Bank appointed in the second department, and Frederick D. Kilburn, as Superintendent of tlie Banking Department of the State of New York, to surrender and deliver the assets…
1Opinion of the Court
Rumset, J.:
On the 11th of August, 1896, the Bank Superintendent, claiming to act under the authority of the statute, closed the doors of the Murray Hill Bank, a banking corporation located and doing business in the city of New York, and proceeded to an examination of its property and assets. The result of that examination was that the Superintendent of Banks concluded that the corporation was insolvent, and requested the Attorney-General to commence an action for its dissolution and for a distribution of its assets, in the manner provided by law. For various reasons this action was not *320commenc…
2Cases cited3 opinions
- McCulloch v. . NorwoodNew York Court of Appeals · 1874
- Drew v. KeuferNew York Supreme Court · 1894
- In re Majority of the Directors of Murray Hill BankAppellate Division of the Supreme Court of the State of New York · 1896
3Cited by1 opinion
- Matter of Murray Hill BankNew York Court of Appeals · 1897