Legal Opinion

People v. Binghamton Trust Co.

New York Court of Appeals

Decided October 3, 1893PublishedCited by 10 opinions

Appeal from judgment of the General Term of the Supreme Court in the fourth judicial department, entered upon an order made November 22,1892, wliieh directed judgment in favor of defendant upon a case submitted under the Code of Oivil Procedure (§ 1279). The facts agreed upon, so far as material, are stated in the opinion.

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Appeal from judgment of the General Term of the Supreme Court in the fourth judicial department, entered upon an order made November 22,1892, wliieh directed judgment in favor of defendant upon a case submitted under the Code of Oivil Procedure (§ 1279). The facts agreed upon, so far as material, are stated in the opinion. The defendant was organized under the provisions of chapter 54(1, Laws of 1887, entitled “An act to provide for the organization of trust companies, for their supervision, and for the administration of their affairs,” and is not authorized to transact the business referred…

1Opinion of the CourtGray, J.

In this action the People of the state, by their attorney-general, seek to recover a judgment in their favor, which shall decree that the defendant is exercising franchises not conferred upon it by law, and which shall adjudge in their favor and against the defendant for the amount of the penalty prescribed for carrying on business in violation of section 283 of chapter 409 of the Laws of 1882, known as the Banking Law..By that section it is made unlawful for any corporation, association, or person “ to advertise or put forth a sign as a savings bank, or in any way to solicit or receive…

2Cited by10 opinions

  1. State ex informatione Crow v. Lincoln Trust Co.Supreme Court of Missouri · 1898
  2. Jacobs v. Monaton Realty Investment Corp.New York Court of Appeals · 1914
  3. People v. Franklin National BankNew York Supreme Court · 1951
  4. People v. Franklin Nat. Bank of Franklin SquareNew York Court of Appeals · 1953
  5. State v. People's National BankSupreme Court of New Hampshire · 1908

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