The Nat. Bk. of Watertown v. . Landon
New York Court of Appeals
Appear from a judgment of the late General Term of the Supreme Court, in the fifth judicial district, affirming judgment for the plaintiff on the report of a referee. Action upon a note made by “ Redwood Iron Manufacturing Company by S. 0. Sardam, agent,” payable to order of M. W. White for $10,000, and indorsed by White. The other facts are sufficiently stated in the opinion of the court.
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Appear from a judgment of the late General Term of the Supreme Court, in the fifth judicial district, affirming judgment for the plaintiff on the report of a referee. Action upon a note made by “ Redwood Iron Manufacturing Company by S. 0. Sardam, agent,” payable to order of M. W. White for $10,000, and indorsed by White. The other facts are sufficiently stated in the opinion of the court. An erroneous legal conclusion from the facts proved entitles the appellant to a reversal of the judgment. (Mead v. Bunn, 32 N. Y., 279.) Upon any reasonable construction of the agreement, Sardam had no…
1Opinion of the CourtGboveb, J.
Prior to the agreement of November 18th, 1863, there had been a corporation by the name of Redwood Iron Manufacturing Company, engaged in the manufacture of iron, at Redwood. This corporation had become extinct by the expiration of the time limited for its existence by its charter. At the time of its dissolution, it was the owner of certain real estate, and of some personal property adapted to such manufacture. On the 18th of November, 1863, all the stockholders in the late corporation, except one, made and signed the following agreement: “We, the undersigned, stockholders of the former…
2Cases cited2 opinions
- Cumpston v. McNairNew York Supreme Court · 1828
- Bank of Rochester v. MonteathCourt for the Trial of Impeachments and Correction of Errors · 1845
3Cited by15 opinions
- Trubowitch v. Riverbank Canning Co.California Supreme Court · 1947
- Snider's Sons' Co. v. TroySupreme Court of Alabama · 1890
- Central City Savings Bank v. . WalkerNew York Court of Appeals · 1876
- Martin v. FewellSupreme Court of Missouri · 1883
- In re FriedmanAppellate Division of the Supreme Court of the State of New York · 1917
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