Steam Navigation Co. v. Weed
New York Supreme Court
This was an appeal from a judgment in favor of the defendants rendered on the report of a referee. The plaintiffs were a foreign corporation duly organized under the laws of Connecticut, doing business in that state, and also engaged in the trans-’ portation business in the state of New-York, on the Hudson river, between Albany and New-York.
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This was an appeal from a judgment in favor of the defendants rendered on the report of a referee. The plaintiffs were a foreign corporation duly organized under the laws of Connecticut, doing business in that state, and also engaged in the trans-’ portation business in the state of New-York, on the Hudson river, between Albany and New-York. They were authorized by their charter to transport freight and passengers and to tow vessels by the power of steam, and to transact other business incident thereto. And there was a proviso that nothing contained in .that act should be construed to…
1Opinion of the Court
By the Court, Parker, J.
I am inclined to the' opinion that the referee erred in not permitting the plaintiff to show that the making of advances and temporary loans, for the accommodation of customers, was incidental to the transportation business generally, at Albany. If it tended to prove that the loan in question was incidental to the purposes for which the corporation was created, it was certainly admissible. But without deciding this question, I think it is better to determine this cause upon the facts which were in evidence, as they presented questions of great importance which will…
2Cases cited3 opinions
- Beach v. President of the Fulton BankCourt for the Trial of Impeachments and Correction of Errors · 1829
- Inhabitants of Shutesbury v. Inhabitants of OxfordMassachusetts Supreme Judicial Court · 1819
- Sacket's Harbor Bank v. President of Lewis County BankNew York Supreme Court · 1851
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- Whitney Arms Co. v. . BarlowNew York Court of Appeals · 1875
- Argenti v. City of San FranciscoCalifornia Supreme Court · 1860
- Bissell v. Michigan Southern & Northern Indiana Railroad CompaniesNew York Court of Appeals · 1860
- State Board of Agriculture v. Citizens Street Railway Co.Indiana Supreme Court · 1874
- Merrick v. . Van SantvoordNew York Court of Appeals · 1866
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