South Buffalo Natural Gas Co. v. Bain
The Superior Court of New York City
Appeal from a judgment.
1Opinion of the CourtHatch, J.
Plaintiff’s existence as a corporation, whether defective or not, is sufficient to enable it to maintain this action. Buffalo & A. R. R. Co. v. Cary, 26 N. Y. 75.
The subscription for the stock was made after incorporation, and was in form sufficient to create liability had there been compliance with the provisions of law respecting payment. The statute regulating such subscription provides : “ At the time of subscribing, every subscriber whose subscription is payable in money shall pay to the directors ten per centum upon the amount subscribed by him in cash, and no such subscription shall be…
Also in this document: Concurrence.
2Cases cited6 opinions
- New York & Oswego Midland Railroad v. Van HornNew York Court of Appeals · 1874
- The Buffalo and Allegany Railroad Company v. . CaryNew York Court of Appeals · 1862
- Buffalo Jamestown Railroad Co. v. . GiffordNew York Court of Appeals · 1882
- President of the Union Turnpike Road v. JenkinsNew York Supreme Court · 1803
- Ogdensburgh &C. Railroad v. WooleyNew York Court of Appeals · 1864
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3Cited by5 opinions
- Hapgoods v. LuschAppellate Division of the Supreme Court of the State of New York · 1907
- Van Schaick v. MackinAppellate Division of the Supreme Court of the State of New York · 1908
- Yonkers Gazette Co. v. TaylorAppellate Division of the Supreme Court of the State of New York · 1898
- Yonkers Gazette Co. v. TaylorAppellate Division of the Supreme Court of the State of New York · 1898
- Mills v. FriedmanNew York Supreme Court · 1920