Richards v. Scharmann
New York Supreme Court
Action to enforce the constitutional and statutory liability of the shareholders of the Lafayette Trust Company.
1Opinion of the CourtBenedict, J.
This is an action by the superintendent of banks to enforce the constitutional and statutory liability of the holders of shares of stock of the Lafayette Trust Company.
There is now before me a motion, upon which decision was reserved to enable counsel to submit briefs, to dismiss the complaint, made at the close of plaintiff’s case, upon twelve grounds. These ground's may, however, be so grouped as to be discussed under four heads as follows:
1. Has the liability of the shareholders attached, or were they relieved of liability by reason of the fact *145that the superintendent took possession of…
2Cases cited7 opinions
- Van Tuyl v. . ScharmannNew York Court of Appeals · 1913
- The Mosler Safe Company v. . Guardian Trust CompanyNew York Court of Appeals · 1913
- Cheney v. ScharmannAppellate Division of the Supreme Court of the State of New York · 1911
- Van Tuyl v. SchwabAppellate Division of the Supreme Court of the State of New York · 1916
- In re Union Bank of BrooklynNew York Supreme Court · 1916
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3Cited by5 opinions
- Broderick v. AdamsonNew York Supreme Court · 1933
- People v. NewhouseIthaca City Court · 1968
- Jarl Co. v. Village of Croton-on HudsonNew York Supreme Court · 1932
- Richards v. CharlesNew York Supreme Court · 1917
- Broderick v. AdamsonNew York Supreme Court · 1933