Legal Opinion

People ex rel. Ridgewood Land & Improvement Co. v. Saxe

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

Decided September 13, 1916PublishedCited by 1 opinion

Certiorari issued out of the Supreme Court and attested on the 19th day of November, 1915, directed to Martin Saxe and others, as the State Tax Commission of the State of New York, commanding them to certify and return to the office of the clerk of the county of Albany all and singular their proceedings had in determining the franchise tax of the relator for the year ending October 31, 1913.

1Opinion of the Court

Woodward, J.:

In November, 1881, the Ridgewood Land and Improvement Company was incorporated for the purpose, as declared in its charter, of “purchasing, taking, holding and possessing real estate and buildings, and selling, leasing and improving the same.” The corporation was organized under the provisions of the act of 1848 (Chap. 40) and the amendments thereto, and is a stock corporation, the object above quoted being the only one recited in its articles of incorporation. The original capital stock was $100,000, and this was subsequently increased to $200,000. There is no question that the…

2Cases cited5 opinions

  1. Village of Fort Edward v. . FishNew York Court of Appeals · 1898
  2. Perkins v. . SmithNew York Court of Appeals · 1889
  3. People Ex Rel. Fifth Avenue Building Co. v. WilliamsNew York Court of Appeals · 1910
  4. Baillargeon v. DumoulinAppellate Division of the Supreme Court of the State of New York · 1915
  5. People ex rel. Lehigh & New York Railroad v. SohmerNew York Court of Appeals · 1916

3Cited by1 opinion

  1. People Ex Rel. Manila Electric Railroad & Lighting Corp. v. KnappNew York Court of Appeals · 1920

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