Bauer v. Parker
Appellate Division of the Supreme Court of the State of New York
Appeal from Special Term, New York County. Action by Louis Bauer against Henrietta M. Parker, executrix of. John L. Macaulay, deceased, and others, to enforce a limited liability.of directors of an insolvent corporation. From a judgment for; plaintiff, defendants appeal.
1Opinion of the CourtIngraham, J.
The American Loan & Trust Company was incorporated by chapter 868, p. 2115, of the Laws of 1872, which act was subsequently amended by chapter 486, p. 628, of the Laws of 1874, chapter 189, p. 305, of the Laws of 1880, chapter 391, p. 551,. of the Laws of 1882, and chapter 260, p. 325, of the Laws of 1884. The corporate powers of the company were vested in a board of directors consisting of not less than 9 nor more than 31 members. The first board of directors was named in the act, and their successors were to be annually elected by the stockholders. Section 11 of *996the act provided that “no…
2Cases cited8 opinions
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1885
- National Bank v. . DillinghamNew York Court of Appeals · 1895
- Osterhoudt v. Board of SupervisorsNew York Court of Appeals · 1885
- Mahr v. Norwich Union Fire Insurance SocietyNew York Court of Appeals · 1891
- Cochran v. . WiechersNew York Court of Appeals · 1890
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3Cited by1 opinion
- United States Farm Land Co. v. BennettCalifornia Court of Appeal · 1921