Legal Opinion

Skinner v. Schwab

Appellate Division of the Supreme Court of the State of New York

Decided June 13, 1919PublishedCited by 5 opinions

Appeal by the defendants, Phoenix Insurance Company and others, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 16th day of January, 1918, upon the decision of the court after a trial at the New York Special Term.

1Opinion of the Court

Philbin, J.:

This action was commenced in January, 1913, by the State Superintendent of Banks under sections 19 and 196 of the Banking Law, as it then existed, against the defendants as shareholders of the insolvent Carnegie Trust Company. (Consol. Laws, chap. 2 [Laws of 1909, chap. 10], § 19, as amd. *460by Laws of 1910, chap. 452; Id. § 196.) In January, 1911, the Superintendent of Banks, pursuant to law, took possession of the assets of the said company for the purpose of liquidation. In November, 1912, there was mailed to all stockholders of record of the company a notice requiring them to pay…

2Cases cited15 opinions

  1. Whitney v. ButlerSupreme Court of the United States · 1886
  2. Delano v. ButlerSupreme Court of the United States · 1886
  3. Blinn v. . SchwarzNew York Court of Appeals · 1904
  4. Van Tuyl v. . ScharmannNew York Court of Appeals · 1913
  5. Richards v. RobinAppellate Division of the Supreme Court of the State of New York · 1917

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3Cited by5 opinions

  1. General Building Contractors of New York State, Inc. v. Board of TrusteesAppellate Division of the Supreme Court of the State of New York · 1973
  2. Pink v. AldenAppellate Division of the Supreme Court of the State of New York · 1940
  3. Skinner v. SchwabAppellate Division of the Supreme Court of the State of New York · 1919
  4. Motter v. PattersonCourt of Appeals for the Tenth Circuit · 1933
  5. Motter v. PattersonCourt of Appeals for the Tenth Circuit · 1933

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