Legal Opinion

Thompson v. McLaughlin

Appellate Division of the Supreme Court of the State of New York

Decided May 4, 1910PublishedCited by 15 opinions

Appeal by the defendants, James R. McLaughlin and others, from an order of the Supreme Court, made at the Monroe Special Term and entered in the office-of the clerk of the county of Ontario on the 21st day of September, 1909, denying the said defendants’ motion to compel the plaintiff’s attorney to accept service of the respective answers of the several defendants. This case was transferred from the Fourth Department to the Third Department. (See 136 App. Div. 910.)

1Opinion of the Court

Houghton, J.:

The plaintiff brings this action against the defendants, who were directors and officers of the Lisk Manufacturing Company, Limited, to recover damages because he was induced by them to purchase, at a high price, the worthless stock of that corporation. A verified complaint was served setting forth that the defendants as directors and officers of such .corporation, for the purpose of inducing the plaintiff and others to buy its stock,.prepared, signed, circulated and published a false report of'its financial condition, and that believing such report to be true, the plaintiff…

2Cases cited2 opinions

  1. Matter of Peck v. . CargillNew York Court of Appeals · 1901
  2. Sibley v. SibleyAppellate Division of the Supreme Court of the State of New York · 1902

3Cited by15 opinions

  1. Marco v. DullesDistrict Court, S.D. New York · 1959
  2. Southbridge Finishing Co. v. GoldingNew York Supreme Court · 1955
  3. Travelers Insurance v. MulliganAppellate Division of the Supreme Court of the State of New York · 1931
  4. Marco v. SachsNew York Supreme Court · 1960
  5. Webb v. RosenstielNew York Supreme Court · 1970

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