People v. North River Sugar Refining Co.
New York Court of Appeals
Appeal by defendant from a judgment of the General Term of the Supreme Court for the first judicial department which affirmed a judgment in favor of plaintiff rendered after a trial at circuit. The action was brought to annul the defendant corporation. [The decision of the circuit court with the opinions rendered is reported 22 Abb. AT. C. 164].
1Opinion of the CourtFinch, J.
The judgment sought against the defendant is one of corporate death. The State, which created, asks us to destroy, and the penalty invoked represents the extreme rigor of the law. Its infliction must rest upon grave cause, and be warranted by material misconduct. The life - of a corporation is indeed less than that of the humblest citizen, and yet it envelopes great accumulations of property, moves and carries in large volume the business and enterprise of the people, and may not be destroyed without clear and abundant reason. That would be true even if the Legislature *3should debate the…
2Cases cited17 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Santa Clara County v. Southern Pacific RailroadSupreme Court of the United States · 1886
- Pulllman's Palace Car Co. v. Missouri Pacific Railway Co.Supreme Court of the United States · 1885
- Baldwin v. CanfieldSupreme Court of Minnesota · 1879
- Kansas Pacific Railroad v. Atchison, Topeka & Santa Fe RailroadSupreme Court of the United States · 1884
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