In re Schuyler Steam Tow-Boat Co.
New York Supreme Court
Proceeding by a majority of the trustees of the Schuyler Steam Tow-Boat ■Company, a corporation, for its dissolution. This is an application arising on the return of an order to show cause to restrain certain litigants from further prosecuting libels which have been filed in the United States district court for the eastern district of Yew York.
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Proceeding by a majority of the trustees of the Schuyler Steam Tow-Boat ■Company, a corporation, for its dissolution. This is an application arising on the return of an order to show cause to restrain certain litigants from further prosecuting libels which have been filed in the United States district court for the eastern district of Yew York. The petition shows that on the 31st day of July, 1891, Frank D. Sturges was •appointed temporary receiver of Schuyler’s Steam Tow-Boat Company, under .section 2423 of the Code, and that the order so appointing him was entered and filed on the following…
1Opinion of the CourtPutnam, J.
It is settled by the court of appeals in a similar case (In re Christian Jensen Co., 28 N. E. Rep. 667) that the filing of the original petition, and entry of the order thereon appointing Frank B. Sturges receiver ■of the Schuyler Stéam Towing Company, at once vested the title of the property of said corporation in said receiver. He could not act until the giving *90of his hoiid, but on filing such bond his title related back to the date of his appointment. The court held in the case cited that, after the filing of the petition and entry of the order, the title of the property being in the…
2Cases cited16 opinions
- Riggs v. Johnson CountySupreme Court of the United States · 1868
- James L. v. CarrylSupreme Court of the United States · 1858
- Wiswall v. SampsonSupreme Court of the United States · 1853
- Wallace v. McConnellSupreme Court of the United States · 1839
- Beaston v. Farmers' Bank of Del.Supreme Court of the United States · 1838
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3Cited by1 opinion
- Paxson v. CunninghamCourt of Appeals for the First Circuit · 1894