Legal Opinion

People v. Merchants' Trust Co.

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

Decided November 14, 1906PublishedCited by 8 opinions

. Appeal by Edward EL. Wise and another, individually and as copartners, etc., from an. Order of the Supreme Court, made at .the Albany Special Term and entered in the office of the clerk of the county ,of Albany on the 26th day of May, 1906, confirming the report of a.referee and directing the receivers of the Merchants’ Trhst Company to pay to depositors and to holders of certificates of deposit interest upon their deposits at the rate and for the period of time specified…

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. Appeal by Edward EL. Wise and another, individually and as copartners, etc., from an. Order of the Supreme Court, made at .the Albany Special Term and entered in the office of the clerk of the county ,of Albany on the 26th day of May, 1906, confirming the report of a.referee and directing the receivers of the Merchants’ Trhst Company to pay to depositors and to holders of certificates of deposit interest upon their deposits at the rate and for the period of time specified in the order.

1Opinion of the Court

Order appealed from affirmed, with ten dollars costs and disbursements upon the opinion of J. Eider Cady, referee.

All concurred.

The following is the opinion of the referee:

Cady, Eeferee:

bfo question of- fact has been seriously litigated before me and the. range of the case is narrow. The defendant was a domestic corporation organized under' the laws of the State of-blew York; It possessed and exercised.banking and. trust company powers and transacted a banking and trust company business. On or about May 23, 1905, this action was brought by the People of the State of Éew York through the…

2Cases cited16 opinions

  1. Richmond v. IronsSupreme Court of the United States · 1887
  2. Thomas v. Western Car Co.Supreme Court of the United States · 1893
  3. People v. . American Loan Trust Co.New York Court of Appeals · 1902
  4. Crane v. . BennettNew York Court of Appeals · 1904
  5. Wheeler v. . MillarNew York Court of Appeals · 1882

11 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Broderick v. Aaron (Kornberg)New York Court of Appeals · 1935
  2. United States Fidelity & Guaranty Co. v. Borough Bank of BrooklynAppellate Division of the Supreme Court of the State of New York · 1914
  3. Brooklyn Heights Railroad v. Brooklyn City RailroadAppellate Division of the Supreme Court of the State of New York · 1912
  4. Forschirm v. Mechanics & Traders' BankAppellate Division of the Supreme Court of the State of New York · 1910
  5. In re the Estate of ColeNew York Surrogate's Court · 1914

3 more not listed; retrieve them via the Exa API.

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