In re the Examination of Union Bank
Appellate Division of the Supreme Court of the State of New York
Reargument of an. appeal by Edward M. Grout from an order of the Supreme Court, made at the Kings County Special Term and entered in the office of the clerk of the county of Kings on the 16th day of September, 1911, denying the appel- ■ lant’s motion to vacate a warrant theretofore issued to the sheriff of Kings county requiring him to produce the said appellant before the respondent at a hearing in the above-entitled matter-.
1Opinion of the Court
Burr, J.:
On and prior to April 5, 1910, a corporation known as the Union Bank of Brooklyn was transacting business in that borough. It was a moneyed corporation and within' the statutory definition of a bank. (Banking Law [Consol. Laws, chap. 2; Laws of 1909, chap. 10], § 2.) Edward M. Grout was the president thereof. . Upon that date the Superintendent of Banks took possession of its property and business, as provided in section 19 of the Banking Law. That'he was authorized to and lawfully took possession of the same is not questioned. Since then it has transacted no business. Its assets…
2Cases cited7 opinions
- Hamilton v. RathboneSupreme Court of the United States · 1899
- Foster v. KennyAppellate Division of the Supreme Court of the State of New York · 1910
- In re GroutAppellate Division of the Supreme Court of the State of New York · 1905
- Lafayette Trust Co. v. HigginbothamAppellate Division of the Supreme Court of the State of New York · 1910
- In Re Proceedings Against SearlsNew York Court of Appeals · 1898
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3Cited by9 opinions
- Ward Baking Co. v. Western Union Telegraph Co.Appellate Division of the Supreme Court of the State of New York · 1923
- People v. HebberdNew York Supreme Court · 1916
- Dunham v. OttingerNew York Supreme Court · 1926
- In re GirardonNew York Supreme Court · 1947
- Commission of Investigation of New York v. FalconeNew York Supreme Court · 1962
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