Whitney Arms Co. v. . Barlow
New York Court of Appeals
. Appeal from judgment of the General Term of the Superior Court of the city of Hew York, affirming a judgment in favor of plaintiff entered upon a verdict.
Read the full summary
. Appeal from judgment of the General Term of the Superior Court of the city of Hew York, affirming a judgment in favor of plaintiff entered upon a verdict. (Reported below, 6 J. & S., 554.) This action was brought against defendants as trustees of the American Seal Lock Company, a corporation organized under the general manufacturing act (cliap. 40, Laws of 1848), to enforce the statutory liability to pay the debts of said corporation because of an alleged failure to make, publish and file annual reports. Said corporation was organized in May, 1871. Its capital stock was $300,000, all of…
1Opinion of the CourtAllen, J.
But a small, if any, portion of the debt for which a recovery was had accrued prior to the making and publishing of the report by the corporation in January, 1872, and if that document-was in conformity to the-statute requiring annual reports by manufacturing corporations, and a substantial compliance with the requisition of the act, the appellants are entitled to a reversal of the judgment.
The trustees of a manufacturing corporation are chargeable with the debts of the company upon failure of the corporation within twenty days from the first day of January in each year to make, publish and…
2Cases cited6 opinions
- Bissell v. Michigan Southern & Northern Indiana Railroad CompaniesNew York Court of Appeals · 1860
- Parish v. . WheelerNew York Court of Appeals · 1860
- Chester Glass Co. v. DeweyMassachusetts Supreme Judicial Court · 1819
- Steam Navigation Co. v. WeedNew York Supreme Court · 1853
- Rutland & Burlington Railroad v. ProctorSupreme Court of Vermont · 1856
1 more not listed; retrieve them via the Exa API.
3Cited by203 opinions
- Railway Co. v. McCarthySupreme Court of the United States · 1878
- Seymour v. Spring Forest Cemetery Ass'nNew York Court of Appeals · 1895
- Chase v. CurtisSupreme Court of the United States · 1885
- San Antonio v. MehaffySupreme Court of the United States · 1878
- Bond v. Terrell Cotton & Woolen Manufacturing Co.Texas Supreme Court · 1891
198 more not listed; retrieve them via the Exa API.