Legal Opinion

Boynton v. . Hatch

New York Court of Appeals

Decided January 16, 1872PublishedCited by 32 opinions

Appeals from orders of the General Term of the Supreme Court in the second judicial district, reversing judgments of the city court of Brooklyn, in favor of defendants, entered upon the reports of a referee, and overruling new trials.

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Appeals from orders of the General Term of the Supreme Court in the second judicial district, reversing judgments of the city court of Brooklyn, in favor of defendants, entered upon the reports of a referee, and overruling new trials. These actions were brought against defendant to make him liable for two judgments recovered against the Empire Moulding and Plaining Mill Company, a corporation organized under chapter 40, Laws of 1848, of which it is alleged defendant was a stockholder, on the ground that the stock was not . paid in, and that no certificate of payment had been filed as required…

1Opinion of the Court

[EDITORS' NOTE: THIS PAGE CONTAINS HEADNOTES. HEADNOTES ARE NOT AN OFFICIAL PRODUCT OF THE COURT, THEREFORE THEY ARE NOT DISPLAYED.] Sections 10 and 14 of the act of 1848 (chap. 40), for the organization of manufacturing corporations, and section 2 of the act of 1853 (chap. 333), amending the same, are in parimateria, and must be read together.

The capital stock of the corporations formed for the purposes mentioned in the act may be paid in money or in mines, manufactories, and other property necessary for their business, or part in money and part in property; and, when fully paid in, either…

2Cited by32 opinions

  1. Coit v. Gold Amalgamating Co.Supreme Court of the United States · 1886
  2. Rowell v. . JanvrinNew York Court of Appeals · 1896
  3. Van Cleve v. BerkeySupreme Court of Missouri · 1898
  4. Shickle v. WattsSupreme Court of Missouri · 1887
  5. Elyton Land Co. v. Birmingham Warehouse & Elevator Co.Supreme Court of Alabama · 1890

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