Scott v. Depeyster
New York Court of Chancery
The Bill in thy? suit was filed by the complainant, on behalf of himself and all others stockholders of the National Insurance Company who should come in and contribute to the expenses 0f the suit, against Frederick Depeyster, Isaac Lawrence, Benjamin L. Swan, John Bolton, Jacob P. Giraud, Thomas Lawrencé, Joseph Grinned, Philip Hone, Richard Rikcr, William Whitlock, jr., James K. Hamilton, James Heard, David Had-Louis F. Varet, Cornelius W. Lawrence, Francis H. Niohol,"…
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The Bill in thy? suit was filed by the complainant, on behalf of himself and all others stockholders of the National Insurance Company who should come in and contribute to the expenses 0f the suit, against Frederick Depeyster, Isaac Lawrence, Benjamin L. Swan, John Bolton, Jacob P. Giraud, Thomas Lawrencé, Joseph Grinned, Philip Hone, Richard Rikcr, William Whitlock, jr., James K. Hamilton, James Heard, David Had-Louis F. Varet, Cornelius W. Lawrence, Francis H. Niohol," Horace" W. Bulkley, Hickson W. Field and James Lovett, for the purpose of charging them personally with heavy amounts…
1Opinion of the Court
The Vice-ChanceiiiOK.
This is a bill by one of the stockholders of the National Insurance Company, in. behalf of himself and all others who may come in and contribute to the expenses of the suit, against the president and directors of the same company, in their individual capacities, to compel them, personally, to account for and make good the losses sustained in the capital stock of the company by the frauds and embezzlements of their secretary.
This company was incorporated by an act of the legislature in one thousand eight hundred and fifteen. The capital was not to exceed five hundred…
2Cases cited2 opinions
- New York Firemen Insurance v. ElyNew York Supreme Court · 1824
- North River Insurance v. LawrenceNew York Supreme Court · 1830
3Cited by36 opinions
- Briggs v. SpauldingSupreme Court of the United States · 1891
- Hun v. . CaryNew York Court of Appeals · 1880
- Haywood v. Lincoln Lumber Co.Wisconsin Supreme Court · 1885
- People v. Equitable Life Assurance Society of United StatesAppellate Division of the Supreme Court of the State of New York · 1908
- Board of Commissioners of Tippecanoe Co. v. Lafayette, Muncie, & Bloomington RailroadIndiana Supreme Court · 1875
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