Macedon & Bristol Plank Road Co. v. Lapham
New York Supreme Court
This action was brought to recover the amount claimed to be due from the defendant to the plaintiffs on the subscription by the defendant, upon the subscription or stock book of the plaintiffs, for six shares of the capital stock of the company, at $25 a share.
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This action was brought to recover the amount claimed to be due from the defendant to the plaintiffs on the subscription by the defendant, upon the subscription or stock book of the plaintiffs, for six shares of the capital stock of the company, at $25 a share. The action was tried before Johnson, justice, at the Ontario circuit, on the 18th day of February, 1853. Upon the trial the plaintiffs gave evidence tending to show their organization under the general plank road act, and the subscription by the defendant for the stock mentioned, in the month of December, 1849. This subscription was…
1Opinion of the Court
By the Court, Welles, J.
By the original articles of association the plaintiffs’ road was to be constructed from the village of Macedón to some point on the road leading from Victor to Vienna village, in the town of Victor, with a branch extending westerly, &c. to the west line of the town of Macedón, and was *314to be, as nearly as could be estimated, ten miles in length. By the same articles, the association was to be known as the Macedón and Victor Plank Road Company; also that the amount of the capital stock of the company was to be $15,000, to consist of 600 shares of $25 each; and that its…
2Cases cited1 opinion
- Middlesex Turnpike Corp. v. LockeMassachusetts Supreme Judicial Court · 1811
3Cited by5 opinions
- Snook v. Georgia Improvement Co.Supreme Court of Georgia · 1889
- Zabriskie v. Hackensack and N.Y. R.R. Co.Supreme Court of New Jersey · 1867
- Buffalo, Corning & New York Rail Road v. PottleNew York Supreme Court · 1856
- March v. Eastern RailroadSupreme Court of New Hampshire · 1862
- Buffalo & Jamestown Railroad v. ClarkNew York Supreme Court · 1880