Legal Opinion

Seydel v. Corp. Liquidating Co.

Appellate Terms of the Supreme Court of New York

Decided March 15, 1905Published

Appeal by the plaintiff from a judgment of the Municipal Court of the city of New York, twelfth district, borough of Manhattan, in favor of the defendants in an action for penalties for refusing to allow the plaintiff an inspection of the stock book of the corporation, as provided by section 53 of the Stock Corporation Law.

1Opinion of the CourtScott, J.

These actions are prosecuted for the recovery of a statutory penalty, for an alleged failure to permit plaintiff to inspect the defendant corporation’s stock book pursuant to section 53 of the Stock Corporation Law of this State. Laws of 1892, chap. 688, as amd. by Laws of 1897, chap. 384. That section provides among other things, that every foreign stock corporation, having an office for the transaction of business in this State, except moneyed and railroad corporations, shall keep therein a book to be known as a stock book; that such book shall be open daily during business hours for the…

2Cases cited3 opinions

  1. Rowell v. . JanvrinNew York Court of Appeals · 1896
  2. County of Steuben v. WoodAppellate Division of the Supreme Court of the State of New York · 1897
  3. Gunst v. GoldsteinNew York Supreme Court · 1899

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