In re the Directors of the Seneca Oil Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by James G. Graham and another from so much of a final order of the Supreme Court, made at the Erie Special Term and entered in the office of the clerk of the county of Cattaraugus on the 20th day of May, 1912, as confirms the report of a referee and directs the distribution of the assets of the Seneca Oil Company to the persons and in the manner and proportions specified therein, with notice of an intention to bring up for review an order entered in said clerk’s…
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Appeal by James G. Graham and another from so much of a final order of the Supreme Court, made at the Erie Special Term and entered in the office of the clerk of the county of Cattaraugus on the 20th day of May, 1912, as confirms the report of a referee and directs the distribution of the assets of the Seneca Oil Company to the persons and in the manner and proportions specified therein, with notice of an intention to bring up for review an order entered in said clerk’s office on the 31st day of March, 1911, appointing a referee and directing him to hear and determine the issues.
1Opinion of the Court
Robson, J. :
This proceeding was begun by the presentation to the Supreme Court of a petition of all the directors of the Seneca Oil Company, a domestic stock corporation, for a voluntary dissolution of the corporation pursuant to the provisions of section 170 of the General Corporation Law (Consol. Laws, chap. 23; Laws of 1909, chap. 28). On the presentation of the petition to the Special Term an order was made appointing a referee and requiring all persons interested in the corporation to show cause before him at a place and time therein fixed why the corporation should not be dissolved. The…
2Cases cited2 opinions
- Kent v. . Quicksilver Mining Co.New York Court of Appeals · 1879
- In re the Directors of the Binghamton General Electric Co.New York Court of Appeals · 1894
3Cited by3 opinions
- Harriman National Bank v. PalmerCity of New York Municipal Court · 1916
- Sheehan v. Municipal Light & Power Co.District Court, S.D. New York · 1943
- In re Volk House Wrecking Co.Appellate Division of the Supreme Court of the State of New York · 1918