Lake Ontario, Auburn & New-York Railroad v. Mason
New York Court of Appeals
Appeal from the Supreme Court. Action to recover $600, the amount which had been called for by the directors upon the defendant’s subscription to the plaintiff’s articles of association, for twenty shares of its capital stock, amount ing to $1000. The cause was tried at the Cayuga circuit, before Mr. Justice Welles. The plaintiff gave in evidence a certified copy of its articles of association, filed in the office of the secretary of state.
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Appeal from the Supreme Court. Action to recover $600, the amount which had been called for by the directors upon the defendant’s subscription to the plaintiff’s articles of association, for twenty shares of its capital stock, amount ing to $1000. The cause was tried at the Cayuga circuit, before Mr. Justice Welles. The plaintiff gave in evidence a certified copy of its articles of association, filed in the office of the secretary of state. The articles so certified consisted of seven separate agreements or articles, which are all in the same words; all of them were subscribed by numerous…
1Opinion of the CourtBrown, J.
The plaintiff is a railroad corporation, organ ized or claiming to have been organized under the act of the 2d April, 1850, to authorize the formation of railroad corporations, and to regulate the same. (Laws of 1850, 211.) The defendant is one of the subscribers to the articles of association, for twenty shares of the capital stock, and the action is brought to recover the sum of $1000, the subscription price thereof being $50 the share.
The principal question involved is the construction to be put upon the second section of the act; for it is claimed by the plaintiff that the company was…
2Cases cited4 opinions
- Barker v. BucklinNew York Supreme Court · 1846
- President of the Goshen & Minisink Turnpike Road v. HurtinNew York Supreme Court · 1812
- Spear v. CrawfordNew York Supreme Court · 1835
- President of the Highland Turnpike v. M'KeanNew York Supreme Court · 1814
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- Williamsburgh Savings Bank v. Town of SolonNew York Court of Appeals · 1893
- Cravens v. Eagle Cotton Mills Co.Indiana Supreme Court · 1889
- Habirshaw Electric Cable Co. v. Habirshaw Electric Cable Co.Court of Appeals for the Second Circuit · 1924
- Devol v. McIntoshIndiana Supreme Court · 1864
- Sands v. St. JohnNew York Supreme Court · 1862
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