Legal Opinion

Cayuga Lake Railroad v. Kyle

New York Supreme Court

Decided January 15, 1875Published

Appeal by defendant from a judgment in favor of plaintiff, entered in an action tried by the court. . The action was brought by the Oayuaga Lake Railroad Company against George A. Kyle, to recover the amount due upon a subscription for ten shares of stock of the plaintiff. The facts fully appear in the opinion delivered at special term given below, which was adopted at the general term.

1Opinion of the CourtRumsey, J.

The defendant and others were subscribers to the papers upon which it was intended to organize the plaintiff as a corporation; the defendant subscribing for ten shares of $100 each. The execution of the application was duly acknowledged by the defendant and others, and the same was filed in the office of the secretary of State July 1, 1867, and the organization of the plaintiff, so far as it could be done by that paper, was completed. In the paper thus filed, the object of the organization of the plaintiff, so far as related to the construction of. a railroad, is as follows :

“ 3. The said…

2Cases cited4 opinions

  1. The Buffalo and Allegany Railroad Company v. . CaryNew York Court of Appeals · 1862
  2. Buffalo and N.Y. City R.R. Co. v. . DudleyNew York Court of Appeals · 1856
  3. Williams v. Franklin Township Academical Ass'nIndiana Supreme Court · 1866
  4. Erie & New York City Rail Road v. OwenNew York Supreme Court · 1860

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