Broderick v. Aaron (Kessler)
New York Court of Appeals
The appellants are not liable for an assessment. (Broderick v. Adamson, 148 Mise. Rep. 353; 243 App. Div. 692; Matteson v. Dent, 176 U. S. 521; Earle v. Carson, 188 U. S. 42; Whitney v. Butler, 118 U. S. 655; Richards v. Robin, 178 App. Div. 535; Hayes v. Schoemaker, 39 Fed. Rep. 319; Richards v. Ackerman, 175 App. Div. 746; Van Tuyl v. Scharmann, 208 N. Y. 53; Citizens Bank of Georgetown v. Robinson, 134 Wash. 66; Lucas v. Coe, 86 Fed.
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The appellants are not liable for an assessment. (Broderick v. Adamson, 148 Mise. Rep. 353; 243 App. Div. 692; Matteson v. Dent, 176 U. S. 521; Earle v. Carson, 188 U. S. 42; Whitney v. Butler, 118 U. S. 655; Richards v. Robin, 178 App. Div. 535; Hayes v. Schoemaker, 39 Fed. Rep. 319; Richards v. Ackerman, 175 App. Div. 746; Van Tuyl v. Scharmann, 208 N. Y. 53; Citizens Bank of Georgetown v. Robinson, 134 Wash. 66; Lucas v. Coe, 86 Fed. Rep. 972.) The mere delivery of the stock to the branch office of the bank was neither timely nor sufficient under section 120 of the Banking Law (Cons. Laws,…
1Opinion of the CourtLehman, J.
On December 9, 1930, the defendants Abe Kessler and Yetta Kessler sold shares of stock of the Bank of United States which they owned and which were registered in their names on the books of the bank. On the afternoon of the same day the certificates of stock duly indorsed were delivered to an assistant vice-president of the bank at a branch office of the bank and transfer to the purchaser was requested upon the books of the bank. The stockholders of record had fully performed every act required of them preliminary to transfer of the stock upon the books of the bank. The bank was then under a…
2Cases cited3 opinions
- Broderick v. Aaron (Kornberg)New York Court of Appeals · 1935
- Broderick v. AdamsonNew York Supreme Court · 1933
- Broderick v. AdamsonAppellate Division of the Supreme Court of the State of New York · 1935
3Cited by7 opinions
- White v. AdlerNew York Court of Appeals · 1942
- Hospelhorn v. PoeCourt of Appeals of Maryland · 1938
- White v. AdlerAppellate Division of the Supreme Court of the State of New York · 1938
- White v. NemecekNew York Supreme Court · 1939
- Freeman, Etc. v. RogalSupreme Court of Pennsylvania · 1944
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