Broderick v. Aaron (Kornberg)
New York Court of Appeals
The new company, having acquired its stock after the Superintendent took possession of the bank, is not liable to assessment. (Chase v. Lord, 77 N. Y. 1; Pollard v. Bailey, 87 IT. S. 520; City of New York v. New York City Ry. Co., 193 N. Y. 543; Broderick v. Britting, 147 Mise. Bep. 363; Skinner v. Home Bank of Brooklyn, 190 App. Div. 187; Broderick v. Aaron, 284 N. Y. 368; Attorney-General v. North America Life Ins.
Read the full summary
The new company, having acquired its stock after the Superintendent took possession of the bank, is not liable to assessment. (Chase v. Lord, 77 N. Y. 1; Pollard v. Bailey, 87 IT. S. 520; City of New York v. New York City Ry. Co., 193 N. Y. 543; Broderick v. Britting, 147 Mise. Bep. 363; Skinner v. Home Bank of Brooklyn, 190 App. Div. 187; Broderick v. Aaron, 284 N. Y. 368; Attorney-General v. North America Life Ins. Co., 82 N. Y. 172; Matter of Equitable Reserve Fund Life Assn., 131 N. Y. 354; Matter of Union Bank, 204 N. Y. 313; Lafayette Trust Co. v. Beggs, 213 N. Y. 280.) • The new…
1Opinion of the CourtLehman, J.
The Superintendent of Banks took possession of the Bank of United States on December 11th, 1930. William Kornberg Co., Inc., was at that time the owner of ten shares of its capital stock. On December 26th Wileo-Kornberg Co., Inc., a domestic corporation, was organized and for a valuable consideration purchased and acquired all the assets of William Kornberg, Inc., including the ten shares of stock of Bank of United States, and has since continued to be the. legal and equitable owner of these shares. In ah action brought pursuant to the provisions of sections 80 and 120 of the Banking Law…
2Cases cited1 opinion
- People v. Merchants' Trust Co.Appellate Division of the Supreme Court of the State of New York · 1906
3Cited by21 opinions
- Brown v. RosenbaumNew York Court of Appeals · 1942
- Hospelhorn v. PoeCourt of Appeals of Maryland · 1938
- Broderick v. WeinsierNew York Court of Appeals · 1938
- Broderick v. Aaron (Kessler)New York Court of Appeals · 1935
- Broderick v. Adamson (Gordon)New York Court of Appeals · 1936
16 more not listed; retrieve them via the Exa API.