Assets Realization Co. v. Howard
New York Supreme Court
Action by the Assets Realization Company against Clarence M. Howard and others. Judgment for defendants.
1Opinion of the CourtWheeler, J.
This action is one in equity, brought to charge the defendants, as stockholders of the Metropolitan Bank of Buffalo, with liability for the debts of the bank.
The Metropolitan Bank was organized in 1891, under the banking law_ of the state of New York, and thereafter conducted a banking business in the city of Buffalo, and until the 10th day of August, 1901. It had a nominal capital of $200,000. For a period of a month prior to August 10, 1901, there had been large withdrawals by depositors of cash from the Metropolitan Bank. It had been compelled to borrow money from other banks in order to…
2Cases cited52 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Bernheimer v. ConverseSupreme Court of the United States · 1907
- Kennon v. GilmerSupreme Court of the United States · 1889
- Schettler v. . SmithNew York Court of Appeals · 1869
- People v. . BallardNew York Court of Appeals · 1892
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3Cited by11 opinions
- Ellsworth v. BradfordCalifornia Supreme Court · 1921
- State v. Mortgage Security Co. of Minnesota, Inc.Supreme Court of Minnesota · 1923
- Harris v. BriggsCourt of Appeals for the Eighth Circuit · 1920
- Ex Parte AmosSupreme Court of Florida · 1927
- Lamb v. AbendrothMichigan Supreme Court · 1934
6 more not listed; retrieve them via the Exa API.