Legal Opinion

Continental Insurance v. New York & Harlem Railroad

Appellate Division of the Supreme Court of the State of New York

Decided July 1, 1905PublishedCited by 5 opinions

Appeal by the plaintiffs, The Continental Insurance Company and others, from a judgment of the Supreme Court in favor of the defendants, entered in the office of the clerk of the county of New York on the 8th day of July, 1904, upon the report of a referee, dismissing the complaint upon the merits.

1Opinion of the Court

Ingraham, J.:

This action was originally brought by the Continental Insurance Company as a stockholder of the New York and Harlem Railroad Company, on behalf of itself and all other stockholders of the Harlem Company similarly situated. Subsequently, by orders of the court, other stockholders of the Harlem Company were made parties plaintiff, so that at the time of the trial the plaintiffs were the owners of 10,150 shares of the stock of the Harlem Company. The total stock of the Harlem Company is $10,000,000, divided into 200,000 shares, the plaintiffs representing a little over one-twentieth…

2Cases cited5 opinions

  1. Gamble v. Queens County Water Co.New York Court of Appeals · 1890
  2. Farmers' Loan & Trust Co. v. New York & Northern Railway Co.New York Court of Appeals · 1896
  3. Flynn v. . Brooklyn City R.R. Co.New York Court of Appeals · 1899
  4. Metropolitan Elevated Railway Co. v. Manhattan Elevated Railway Co.New York Court of Common Pleas · 1884
  5. Flynn v. Brooklyn City RailroadAppellate Division of the Supreme Court of the State of New York · 1896

3Cited by5 opinions

  1. Howard v. FurstDistrict Court, S.D. New York · 1956
  2. Warner v. MorganNew York Supreme Court · 1913
  3. Schwab v. E. G. Potter Co.Appellate Division of the Supreme Court of the State of New York · 1908
  4. People's Trust Co. v. O'MearaAppellate Division of the Supreme Court of the State of New York · 1922
  5. Schwab v. E. G. Potter Co.Appellate Division of the Supreme Court of the State of New York · 1908

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