Waterbury v. Merchants' Union Express Co.
New York Supreme Court
Motion for the appointment of a receiver. This action was brought by. Stephen P. Waterbnry against the Merchants’ Union Express Co., and Elmore P. Ross, and others, constituting the executive or managing committee of the affairs of that company. The facts involved in the present motion are sufficiently stated in the opinion.
1Opinion of the CourtBarnard, J.
The object of this suit is to obtain a judgment or decree of this court dissolving the company, and for the appointment of a receiver to wind up its affairs. The company was organized in the year 1866 as a joint stock association, according to the laws of this State, with a capital of $15,000,000, divided into shares of $100 each.. The stock was all subscribed for. By its articles of association the duration of the company was to be fifty years, and the individual defendants, Ross and seven other persons, were named in the same articles as the executive committee for the first year. The same…
2Cases cited1 opinion
- Law v. FordNew York Court of Chancery · 1830
3Cited by25 opinions
- Belmont v. Erie Railway Co.New York Supreme Court · 1869
- Hibbs v. . BrownNew York Court of Appeals · 1907
- Edgeworth v. WoodSupreme Court of New Jersey · 1896
- In Re the Appraisal, Under the Transfer Tax Act, of the Estate of JonesNew York Court of Appeals · 1902
- Taylor v. Decatur Mineral & Land Co.U.S. Circuit Court for the District of Northern Alabama · 1901
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