Legal Opinion
Breslav v. New York & Queens Electric Light & Power Co.
Appellate Division of the Supreme Court of the State of New York
Decided December 4, 1936PublishedCited by 14 opinions
1Opinion of the CourtJohnston, J.
The question presented involves the construction of paragraph (G) of section 36 of the Stock Corporation Law, which provides:
“ A stock corporation may effect one or more of the following purposes: * * *
“(G) To classify or reclassify any shares, either with or without par value; and to authorize the issuance from time to time in one or more series of the shares of any class of stock which is preferred as to dividends or assets; subject to the limitations prescribed in section eleven.”
*183The limitations embodied in the statute just quoted, and described in section 11, merely permit the creation…
2Cases cited19 opinions
- Boyd's Lessee v. GravesSupreme Court of the United States · 1819
- Kent v. . Quicksilver Mining Co.New York Court of Appeals · 1879
- Coombes v. GetzSupreme Court of the United States · 1932
- Gamble v. Queens County Water Co.New York Court of Appeals · 1890
- Shields v. OhioSupreme Court of the United States · 1877
14 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Davison v. Parke, Austin & Lipscomb, Inc.New York Court of Appeals · 1941
- McQuillen v. National Cash Register Co.District Court, D. Maryland · 1939
- Albrecht, Maguire & Co. v. General Plastics, Inc.Appellate Division of the Supreme Court of the State of New York · 1939
- McNulty v. W.& J.SloaneNew York Supreme Court · 1945
- Craddock-Terry Co. v. PowellSupreme Court of Virginia · 1943
9 more not listed; retrieve them via the Exa API.