Briggs v. Cornwell
New York Court of Common Pleas
Appeal 'from an order of the general term of the marine court of the city of New York, reversing a judgment of that co art entered upon the report of a referee, and granting a new trial. The action was brought upon a judgment recovered by the plaintiffs against a corporation of which the defendant was a stockholder, and the capital stock of which had not been fully paid in. The facts are stated in the opinions.
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Appeal 'from an order of the general term of the marine court of the city of New York, reversing a judgment of that co art entered upon the report of a referee, and granting a new trial. The action was brought upon a judgment recovered by the plaintiffs against a corporation of which the defendant was a stockholder, and the capital stock of which had not been fully paid in. The facts are stated in the opinions. Upon trial before a referee, he found for the defendant, and judgment for the defendant was entered upon his report. From the judgment the plaintiff appealed to the general term of the…
1Opinion of the Court
Charles P. Daly, Chief Justice.
The evidence shows that the defendant became a stockholder. He received, in *438consideration of the transfer to the “ Citizens’ Gas Light Company of Long Island City,” of his interest in a franchise for laying down gas pipes in Long Island City, twenty shares of that company’s stock. The shares were duly transferred to him upon the books of the company; he received the certificate of the stock, gave a receipt for it, and still held it when this action was brought. Having thus become a stockholder, the liability imposed by the statute was created, and it is no…
2Cases cited9 opinions
- Garrison v. . HoweNew York Court of Appeals · 1858
- Briggs v. PennimanCourt for the Trial of Impeachments and Correction of Errors · 1826
- Phyfe v. RileyNew York Supreme Court · 1836
- In the Matter of the Reciprocity BankNew York Court of Appeals · 1860
- Spear v. CrawfordNew York Supreme Court · 1835
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Bosley v. National MacHine Co.New York Court of Appeals · 1890
- Wallace v. HoodU.S. Circuit Court for the District of Kansas · 1898
- Jerman's Adm'r v. BentonSupreme Court of Missouri · 1883
- White Corbin & Co. v. JonesAppellate Division of the Supreme Court of the State of New York · 1899