Aikin v. . Wasson
New York Court of Appeals
Apb-E'AL from the Supreme Court. Action to enforce an alleged ¡personal liability of the defendant, as a stockholder in the Albany Northern Bailroad Company, an insolvent corporation, organized under the general law of ,1850. It appeared on the trial that one Decker was a contractor with the corporation for grading and constructing a portion'of its road.
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Apb-E'AL from the Supreme Court. Action to enforce an alleged ¡personal liability of the defendant, as a stockholder in the Albany Northern Bailroad Company, an insolvent corporation, organized under the general law of ,1850. It appeared on the trial that one Decker was a contractor with the corporation for grading and constructing a portion'of its road. The Company being indebted to him for the services of himself, his laborers and servants under such contract, gave him its promissory note for $2,047 in part payment. This note was transferred by Decker to the plaintiff’s intestate; and,…
1Opinion of the Court 1
Seldes, Oh. J.
It appears from the pleadings that the payee of the note, upon which the action is brought, was a contractor with the Albany northern Eailroad Company, of which the defendant is a stockholder, for the construction of a part of its road; that the note was given to him for an indebtedness growing out of such contract; and the question presented by the" demurrer is, whether, as such contractor, he is entitled to the benefit of that clause of section 10, of the general railroad act of 1850, which provides, that “all the stockholders of every such Company shall be jointly and…
Also in this document: Opinion of the Court · Allen.
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- Mining Co. v. CullinsSupreme Court of the United States · 1881
- Stryker v. . CassidyNew York Court of Appeals · 1879
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