Close v. . Potter
New York Court of Appeals
Appeal from a judgment of the General Term of the late Superior Court of Buffalo, entered January 12, 1895, affirming a judgment in favor of plaintiff entered upon a verdict • directed by the court. The nature of the action and the facts, so far as material, are stated in the opinion.
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Appeal from a judgment of the General Term of the late Superior Court of Buffalo, entered January 12, 1895, affirming a judgment in favor of plaintiff entered upon a verdict • directed by the court. The nature of the action and the facts, so far as material, are stated in the opinion. Defendant’s motion for dismissal of plaintiff’s complaint at the opening of the trial, on the ground that under the statute in force at the time the action was commenced the complaint did not state a cause of action, should have been granted. (L. 1892, ch. 688; L. 1890, ch. 564 ; Const. U. S. art. 1, § 10 ;…
1Opinion of the CourtBartlett, J.
This action was brought to charge the defendant, as a stockholder of the American Bit Brace Company, with the sum of $2,400, being the par value of the stock owned by him, on certain promissory notes held by the plaintiff issued by the corporation, upon the ground that the capital stock had never been paid into the company in full, or a • certificate thereof filed as required by the statute.
The American Bit Brace Company was organized as a corporation in 1887 under the Manufacturing Act of 1848, with a capital stock of $50,000, divided into five hundred shares of $100 each ; 475 shares of the…
2Cases cited4 opinions
- Jagger Iron Co. v. . WalkerNew York Court of Appeals · 1879
- McMahon v. . MacYNew York Court of Appeals · 1872
- Hardman v. . SageNew York Court of Appeals · 1891
- Cochran v. . WiechersNew York Court of Appeals · 1890
3Cited by17 opinions
- Morton v. TullgrenSupreme Court of Arkansas · 1978
- Mitchell v. Banking Corporation of Mont.Montana Supreme Court · 1929
- Norman v. BaldwinSupreme Court of Virginia · 1929
- Assets Realization Co. v. HowardNew York Supreme Court · 1911
- Assets Realization Co. v. HowardNew York Supreme Court · 1911
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