Legal Opinion

In re the Application of the Directors of the American Lace & Fancy Paper Works for Voluntary Dissolution

Appellate Division of the Supreme Court of the State of New York

Decided July 1, 1898PublishedCited by 3 opinions

Appeal by Walter E. Watts, a creditor of the above-named, corporation, from an order of the Supreme Court, made at the Kings County Special Term and entered in the office of the clerk of the county of Kings on the 17th day of February, 1898, denying his motion for an order directing the receivers of said corporation to pay a sum claimed to be due to him for wages as an employee of The American Lace and Fancy Paper Works.

1Opinion of the Court

Willard Bartlett, J.:

This is a proceeding for the voluntary dissolution of a corporation in which receivers have been duly appointed. Between August 20, 1895, and June 30, 1896, and again between July 1, 1896, and May 10, 1897, the appellant, Walter E. Watts, acted as the manager of the corporation, and he claims that lie is entitled to a preference for the unpaid balance of his compensation as such manager, under the provisions of chapter 376 of the Laws of 1885, which enacts as follows: • “ Where a receiver of a corporation, created or organized under the laws of this State and doing…

2Cases cited1 opinion

  1. Palmer v. . Van SantvoordNew York Court of Appeals · 1897

3Cited by3 opinions

  1. Keyes v. DavieCourt of Appeals for the Ninth Circuit · 1916
  2. Hopkins v. CromwellAppellate Division of the Supreme Court of the State of New York · 1903
  3. State Ex Rel. McConnell v. Peoples Bank & Trust Co.Tennessee Supreme Court · 1927

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