Attorney-General v. Utica Insurance
New York Court of Chancery
THIS was an information filed by the attorney-general, ex officio. It stated that by an act of the legislature, passed the 6th of April, 1813, entitled, ‘'-an act to'prevent the passing, and receiving of bank notes less than the nominal value of one dollar, and to restrain unincorporated banking associations,” it was, among other things, enacted, that no person, unauthorized by law, should subscribe to, or become a member of, any association, institution, or company, or…
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THIS was an information filed by the attorney-general, ex officio. It stated that by an act of the legislature, passed the 6th of April, 1813, entitled, ‘'-an act to'prevent the passing, and receiving of bank notes less than the nominal value of one dollar, and to restrain unincorporated banking associations,” it was, among other things, enacted, that no person, unauthorized by law, should subscribe to, or become a member of, any association, institution, or company, or proprietor of any bank or fund, for the purpose of issuing notes, receiving deposits, making discounts, or transacting any…
1Opinion of the Court
The Chancellor.
An information is filed by the attorney-general, ex officio, against the defendants, charging them with engaging in banking operations, without any authority under the act incorporating them, and in violation of the prohibition in the act to restrain unincorporated banking associations. The information concludes not only with the usual prayer for process of subpoena, but for an injunction to restrain the company from the business incident to incorporated banks.
I thought it not proper to listen to the prayer in this case ex parte, but as Lord Eldon did, in the case of the…
2Cited by34 opinions
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- State v. Granville Alexandrian SocietyOhio Supreme Court · 1841
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1882
- Irwin v. DixionSupreme Court of the United States · 1850
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