Raegener v. . Hubbard
New York Court of Appeals
Appeal from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered June 1, 1899, affirming a judgment in favor of plaintiff entered upon a verdict directed by the court. The nature of the action and the facts, so far as material, are stated in the ooinion. At the time of its delivery the note was not a contract.
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Appeal from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered June 1, 1899, affirming a judgment in favor of plaintiff entered upon a verdict directed by the court. The nature of the action and the facts, so far as material, are stated in the ooinion. At the time of its delivery the note was not a contract. It was to become a contract only upon the happening of several contingencies, among which were the issuance to the defendant of a policy of the company within thirty days after the incorporation became complete, and the payment into the…
1Opinion of the CourtCullen, J.
This action is brought by the receiver of a mutual fire insurance company to recover on a capital stock note executed and delivered by the defendant to the corporation, in the form following: “No. 171. $400.00. Capital Stock Note of the Equitable Mutual Eire Insurance Corporation of New York. New York, February 12th, 1894. On demand I promise to pay to the order of The Equitable Mutual Fire Insurance Corporation, at its offices in the City of New York, the sum of four hundred dollars, Value Eeceived. Payment hereof is subject to the conditions and obligations of ‘ The Insurance Law ’ of the…
2Cases cited9 opinions
- Kirtz v. . PeckNew York Court of Appeals · 1889
- The Buffalo and Allegany Railroad Company v. . CaryNew York Court of Appeals · 1862
- Aspinwall v. . SacchiNew York Court of Appeals · 1874
- Howland v. . EdmondsNew York Court of Appeals · 1862
- White v. . HaightNew York Court of Appeals · 1857
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3Cited by4 opinions
- Stone v. Old Colony Street Railway Co.Massachusetts Supreme Judicial Court · 1912
- Standard Printing & Publishing Co. v. BothwellCourt of Appeals of Maryland · 1923
- Equity Mut. Fire Ins. v. MurrayCourt of Appeals of Kentucky · 1909
- Raegener v. . BainbridgeNew York Court of Appeals · 1902