Berwind-White Coal Mining Co. v. Ewart
New York Supreme Court
Action to recover from defendant the amount of an indebtedness of a corporation of which he was a stockholder, on the ground that the capital stock had not been paid in full and a certificate filed.
1Opinion of the CourtDavy, J.
This action is brought against the defendant as a stockholder iii the Livingston Salt Company, Limited, to recover a portion of a debt due from the company to the plaintiff, on the ground that the increased capital stock of the *491company had not been paid in full and a certificate filed as required by law.
The corporation was organized in 1883, under chapter 611, Laws of 1875, with a capital stock of $15,000, which was paid in full and a certificate duly filed as -required by section 37 of said act. In 1884 the capital stock was increased to $50,000, of which $37,800 was issued and paid in full.
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2Cases cited19 opinions
- People v. . O'BrienNew York Court of Appeals · 1888
- Gamble v. Queens County Water Co.New York Court of Appeals · 1890
- Williams v. . Western Union Telegraph Co.New York Court of Appeals · 1883
- In the Matter of Oliver Lee Co's BankNew York Court of Appeals · 1860
- Cole v. Millerton Iron Co.New York Court of Appeals · 1892
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