People v. Oriental Bank
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, The People of the State of New York, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of- New York ón the 7th day of March, 1908,. vacating- an order entered in said clerk’s office on the 28th day of February, 1908, appointing temporary receivers of the defendant.
1Opinion of the Court
Houghton, J.:
The defendant is a domestic moneyed corporation organized for the purpose of conducting a hanking business. On the 31st day of January, 1908, a resolution was passed by its board of directors closing its doors and requesting the- State Superintendent of Banks to take charge' of its affairs. That official complied with the request, and on the fourth day of 'February following advised the Attorney-General of the State that the defendant had suspended payment and that he had taken possession of its assets at its request and formally reported to him that it was unsafe and inexpedient…
2Cases cited7 opinions
- Matter of Murray Hill BankNew York Court of Appeals · 1897
- Kieley v. Barron & Cooke Heating & Power Co.Appellate Division of the Supreme Court of the State of New York · 1903
- Platt v. EliasAppellate Division of the Supreme Court of the State of New York · 1905
- People v. Manhattan Real Estate & Loan Co.New York Court of Appeals · 1903
- People v. Mercantile Co-operative BankAppellate Division of the Supreme Court of the State of New York · 1900
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3Cited by3 opinions
- Dehoust v. LewisAppellate Division of the Supreme Court of the State of New York · 1908
- Moe v. Thomas McNally Co.Appellate Division of the Supreme Court of the State of New York · 1910
- Federman v. Standard Churn Manufacturing Co.Appellate Division of the Supreme Court of the State of New York · 1908