Sodus Bay & Corning Railroad v. Hamlin

Smith, J.:

This action is brought to recover upon an alleged subscription made by defendant to the capital stock of the Sodus Bay, Corning and New York Railroad Company. In 1872 by an act of the legislature the name of the company was changed to that in which it now sues. (Laws 1872, chap. 296.)

Prior to the organization of the company, and for the purpose of such organization, several printed subscription papers were circulated in the vicinity of the route of the proposed railroad, one of which was signed by the defendant and others, the defendant agreeing therein to take one share of the…