Legal Opinion

Bank of Rome v. Village of Rome

New York Supreme Court

Decided April 6, 1858PublishedCited by 1 opinion

BY an act of the legislature, passed in 1853, (Laws of 1853, p. 596,) the president and trustees of the village of Rome were empowered and authorized to subscribe for, take and hold, stock in the Ogdensburgh, Clayton and Rome Rail Road Company, to an amount not exceeding $150,000. (§ 1 of the Act.) By the second section of the act, the trustees were empowered to provide for the payment of the stock by issuing corporation bonds, under the seal of the corporation, signed by…

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BY an act of the legislature, passed in 1853, (Laws of 1853, p. 596,) the president and trustees of the village of Rome were empowered and authorized to subscribe for, take and hold, stock in the Ogdensburgh, Clayton and Rome Rail Road Company, to an amount not exceeding $150,000. (§ 1 of the Act.) By the second section of the act, the trustees were empowered to provide for the payment of the stock by issuing corporation bonds, under the seal of the corporation, signed by its president and treasurer, approved by the commissioners named in the act, and to he issued at such time as the…

1Opinion of the Court

By the Court, Bacon, J.

I shall spend no time in discussing or considering the various topics which are dwelt upon in the first 20 pages of the appellant’s brief, submitted in this case. Those propositions have, for the present, all been disposed of in this court, and their final adjudication abides the judgment of the court of appeals, to which, it is understood, a case involving these points has been, or is to be taken.

The only real question in this case arises on the ruling of the court, that the making and filing of the certificate of the commissioners of the rail road fund of Rome, that…

2Cases cited2 opinions

  1. Jones v. DanaNew York Supreme Court · 1855
  2. Caryl v. McElrathThe Superior Court of New York City · 1849

3Cited by1 opinion

  1. Washington Utilities & Transportation Commission v. Federal Communications Commission and United States of America, Data Transmission Co., Intervenors. National Association of Regulatory Utility Commissioners v. Federal Communications Commission and United States of AmericaCourt of Appeals for the Ninth Circuit · 1975

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