Legal Opinion

People v. . Hydrostatic Paper Co.

New York Court of Appeals

Decided April 11, 1882PublishedCited by 1 opinion

Appeal by certain stockholders of defendant from a judgment of the General Term of the Supreme Court in the fourth judicial department, entered upon an order made at the June term, 1881, which affirmed a judgment entered upon an order of Special Term allowing the accounts of William F. Miller, receiver.of the defendant, and directing judgment in favor of said receiver against two of defendant’s stockholders.

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Appeal by certain stockholders of defendant from a judgment of the General Term of the Supreme Court in the fourth judicial department, entered upon an order made at the June term, 1881, which affirmed a judgment entered upon an order of Special Term allowing the accounts of William F. Miller, receiver.of the defendant, and directing judgment in favor of said receiver against two of defendant’s stockholders. The nature of the action and the material facts are stated in the opinion. The power of the court on a -final hearing in a case like the present is limited to allowing or disallowing the…

1Opinion of the CourtFinch, J.

This suit was instituted on behalf of the State by its attorney-general against the defendant corporation to procure its dissolution. Bo defense was interposed, and judgment by default was entered, terminating the corporate existence, appointing a receiver and reserving further and final relief until the coming in of his report and account. Prior to its presentation a question arose between the receiver and two of the stockholders alleged to have in them possession assets belonging to the corporation. That dispute was sent to a referee for adjustment by virtue of a written stipulation between…

2Cases cited1 opinion

  1. Austin v. . RawdonNew York Court of Appeals · 1870

3Cited by1 opinion

  1. Seitz v. MesserschmittAppellate Division of the Supreme Court of the State of New York · 1907

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