Legal Opinion

William P. Bonbright & Co. v. State

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

Decided January 6, 1915PublishedCited by 9 opinions

Appeal by the defendant, The State of New York, from a judgment or determination of the Board of Claims, entered in the office of the clerk of said board on the 23d day of July, 1914, awarding the claimants the sum of_$l,538.11 for stamps alleged to have been erroneously paid upon the transfer of a certificate of stock for 100,000 shares of William P. Bonbright, Incorporated.

1Opinion of the Court

Howard, J.:

The claimant, respondent herein, is a copartnership. I shall speak of it hereafter as the “firm.” On December 27, 1912, a corporation bearing practically the same name as the copartnership, and organized to continue practically the same business, was created under the laws of New York. All the stock of the corporation was issued to the old firm, the claimant herein, in exchange for its business and assets. There was preferred stock and common stock. We are concerned only with the common stock; this was issued by the corporation to the firm in one certificate. Prior to March 31,…

2Cases cited1 opinion

  1. U.S. Radiator Co. v. . State of New YorkNew York Court of Appeals · 1913

3Cited by9 opinions

  1. Southern Carbon Co. v. StateNew York Court of Claims · 1939
  2. Founders General Corp. v. HoeyCourt of Appeals for the Second Circuit · 1936
  3. Travis v. Ann Arbor Co.Appellate Division of the Supreme Court of the State of New York · 1917
  4. Pictorial Review Co. v. StateNew York Court of Claims · 1933
  5. Browne v. Case, Pomeroy & Co.New York Court of Appeals · 1944

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