People v. St. Nicholas Bank
New York Supreme Court
Appeal from special term, New York county. Application by Hugh J. Grant, as temporary receiver of the St. Nicholas Bank of New York, for instructions. From an order denying the petition, petitioner appeals. Reversed.
1Opinion of the CourtO’Brien, J.
On the 26th of December, 1893, the applicant was appointed temporary receiver of the St. Nicholas Bank, in an action brought upon the relation of the attorney general, pursuant to sections 1785 and 1786 of the Code of Civil Procedure, to dissolve the corporation because of its insolvency. At this date one Charles Kurzman had to his credit in the bank $1,145.14,- and he was indebted to it upon three demand loans amounting to $3,000, *115which were secured by a pledge of collaterals. Kurzman notified the receiver that he was prepared to pay off the demand loans, upon the receiver applying such…
2Cases cited2 opinions
- Herring v. . N.Y., L.E. W.R.R. Co.New York Court of Appeals · 1887
- People ex rel. Attorney General v. Security Life InsuranceNew York Court of Appeals · 1879
3Cited by5 opinions
- People v. St. Nicholas BankNew York Supreme Court · 1894
- Sickels v. HeroldNew York Court of Common Pleas · 1895
- Buckley v. HarrisonNew York Court of Common Pleas · 1895
- In re PetersNew York Supreme Court · 1912
- Schaick v. Jarcho Bros.City of New York Municipal Court · 1934