Richards v. Charles
New York Supreme Court
Action by the superintendent of banks to enforce the statutory liability of' the stockholders of the Carnegie Trust Company in liquidation.
1Opinion of the CourtDonnelly, J.
This is an action brought by the superintendent of banks of New York, pursuant to authority conferred on him by section 19 of the former Banking Law, to enforce the statutory liability of the stockholders of the Carnegie Trust Company in liquidation. On or about the 7th day of January, 1911, the superintendent of banks, pursuant to law, took possession of the assets and liabilities of the Carnegie Trust Company for the purpose of liquidating the same. Afterwards, and on or about the 12th day of November, 1912, he mailed to all the stockholders of record of the Carnegie Trust Company a notice…
2Cases cited27 opinions
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- In Re the Matter of the Examination of the Union BankNew York Court of Appeals · 1912
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