Legal Opinion

White v. Bevilacqua

New York Court of Appeals

Decided March 9, 1937PublishedCited by 5 opinions

1Opinion of the CourtLehman, J.

In March, 1933, the Superintendent of Banks took possession of the business and assets of East Side Bank of Niagara Falls and has proceeded to liquidate the affairs of the bank. The defendant is a stockholder of the bank. In an action brought by the Superintendent of Banks to enforce the liability, imposed at that time by the Constitution of the State and by the Banking Law (Cons. Laws, ch. 2) (§ 120), upon all stockholders of insolvent banks, the defendant has been permitted to offset against his liability, otherwise conceded, a payment, larger than the statutory liability, which was made to…

2Cases cited5 opinions

  1. Delano v. ButlerSupreme Court of the United States · 1886
  2. The Mosler Safe Company v. . Guardian Trust CompanyNew York Court of Appeals · 1913
  3. Baumann v. Citizens Trust Co.Appellate Division of the Supreme Court of the State of New York · 1936
  4. Mosler Safe Co. v. Guardian Trust Co.Appellate Division of the Supreme Court of the State of New York · 1912
  5. In re Central Bank of AlbanyAppellate Division of the Supreme Court of the State of New York · 1934

3Cited by5 opinions

  1. White v. IdsardiAppellate Division of the Supreme Court of the State of New York · 1937
  2. Sampson v. United StatesUnited States Court of Claims · 1976
  3. Broderick v. CoxNew York Supreme Court · 1937
  4. Bell, Secretary of Banking v. KrantzSupreme Court of Pennsylvania · 1941
  5. White v. CoxNew York Supreme Court · 1937

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