Non-electric Fibre Manufacturing Co. v. Peabody
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, Royal C. Peabody, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of Kings on the 5tli day of April, 1897, upon the verdict of a jury directed by the court, and also from an order entered in said clerk’s 'office on the 31st day of March, 1897, denying the defendant’s motion for a new trial.
1Opinion of the Court
Hatch, J.:
A recovery has been had in this action, based upon the certificate of incorporation of the plaintiff, in which the defendant appears to have subscribed for ten shares of stock of the plaintiff of the par-value of $100 each share. The averments of the complaint based, the liability- of the defendant upon a certain mutual agreement executed by the defendant with four other persons, whereby the former-agreed to. subscribe for ten shares of the capital stock of the plaintiff, then proposed to be organized as a corporation, and his four associates for five shares each. This agreement was…
2Cases cited1 opinion
- Buffalo Jamestown Railroad Co. v. . GiffordNew York Court of Appeals · 1882
3Cited by3 opinions
- Avon Springs Sanitarium Co. v. WeedAppellate Division of the Supreme Court of the State of New York · 1907
- 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