Legal Opinion

In re the Estate of Scheftel

New York Surrogate's Court

Decided May 20, 1935PublishedCited by 4 opinions

1Opinion of the Court

Delehanty, S.

In a letter to deceased dated November 25, 1925, he was invited to subscribe to the shares of a corporation which was organized on December 1, 1925, in the State of Delaware. By letter of November 30, 1925, he agreed to take twenty-five shares of preferred stock at $1,000 per share and agreed to pay twenty per cent of the price on December 10, 1925. He paid $5,000 on account of his subscription of $25,000, leaving a balance of $20,000 subject to call. Concedediy he received a certificate *633for the full number of shares subscribed for by him. No further call for any part of the…

2Cases cited17 opinions

  1. Penn Collieries Co. v. . McKeeverNew York Court of Appeals · 1905
  2. International Fuel & Iron Corp. v. Donner Steel Co.New York Court of Appeals · 1926
  3. Mahar v. . Harrington Park Villa SitesNew York Court of Appeals · 1912
  4. Charles Roome Parmele Co. v. HaasNew York Court of Appeals · 1902
  5. Southworth v. . MorganNew York Court of Appeals · 1912

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3Cited by4 opinions

  1. Rossi v. OristianAppellate Division of the Supreme Court of the State of New York · 1975
  2. Harr v. WrightNew York Supreme Court · 1936
  3. In re the Judicial Settlement of the Account of Proceedings of FraserAppellate Division of the Supreme Court of the State of New York · 1937
  4. In re the Estate of ScheftelNew York Surrogate's Court · 1935

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