Legal Opinion
Hagmayer v. Alten
New York Supreme Court
Decided October 15, 1901Published
Action to enforce the individual liability of stockholders of an insolvent banking association.
1Opinion of the CourtBisohoff, J.
The stockholders proceeded against in this action were such of record on the books of the Harlem River Bank, a *62banking institution organized in January, 1890, under the Banking Law of 1882 (chap. 409), which had its principal place for the transaction of business in the city of New York.
In April, 1894, the bank, owing to its insolvency, was taken possession of by one of the examiners of the State Banking Department, and thereafter an action was brought by the Attorney-General, in behalf of the People, for the dissolution of the bank, and for the distribution of its assets among the creditors…
2Cases cited5 opinions
- Popfinger v. . YutteNew York Court of Appeals · 1886
- Barnes v. ArnoldAppellate Division of the Supreme Court of the State of New York · 1899
- Barnes v. ArnoldNew York Supreme Court · 1898
- Close v. . NoyeNew York Court of Appeals · 1895
- Hagmayer v. FarleyAppellate Division of the Supreme Court of the State of New York · 1897