Legal Opinion

Union Land Co. v. Gwynn

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

Decided November 7, 1913Published

Appeal by the plaintiff, The Union Land Company, from a judgment of the Supreme Court in favor -of the defendant, entered in the office of the clerk of the county of New York on the 19th day of July, 1912, dismissing the complaint upon the report of a referee.

1Opinion of the Court

Scott, J.:

The defendant is sued upon a syndicate or underwriting agreement whereby he agreed, with others, to purchase bonds to be issued by a corporation known as the Texas Railways Company. The facts are practically undisputed and are so fully stated by the referee in his report and opinion that it is unnecessary to restate them. We are entirely satisfied with the conclusion at which the referee has arrived and with the reasons given by him for that conclusion. It would be unnecessary to go further except that there is presented one point, not dealt with by the referee, which serves to…

2Cases cited3 opinions

  1. G.L. P.J.R.R. Co. v. . N.Y. G.L.R.R. Co.New York Court of Appeals · 1892
  2. Pfeiffer v. RheinfrankAppellate Division of the Supreme Court of the State of New York · 1896
  3. Unterberg v. ElderAppellate Division of the Supreme Court of the State of New York · 1912

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