Poughkeepsie & Salt Point Plank Road Co. v. Griffin
New York Supreme Court
THESE were appeals, by the defendant in the first suit, and by the plaintiffs in the second and third, from, judgments entered at a special term, after trials at the circuit. The actions were brought upon the following agreement, signed by the defendants, to recover the amounts severally subscribed by them to the capital stock of the plaintiffs’ company: “ Poughkeepsie and Salt Point Plank Road—with the privilege of extending the same to Clinton Corners.
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THESE were appeals, by the defendant in the first suit, and by the plaintiffs in the second and third, from, judgments entered at a special term, after trials at the circuit. The actions were brought upon the following agreement, signed by the defendants, to recover the amounts severally subscribed by them to the capital stock of the plaintiffs’ company: “ Poughkeepsie and Salt Point Plank Road—with the privilege of extending the same to Clinton Corners. To form an association under the plank road act, so called, passed May 7th, 1847, in pursuance of public notice, with a capital of $25,000,…
1Opinion of the Court
S. B. Strong, J,
These actions were instituted upon certain agreements, subscribed by the defendants severally, where? by they promised to take, and pay for, the number of shares set opposite to their names respectively, in the plaintiffs’ compa? ny, at such times and places as the directors might order. The agreements were signed before the organization of the company. After such organization the directors called upon the defendants to take the stock, and to pay for it by installments at certain times, which they refused to do. The judge who tried the causes gave judgment for the plaintiff in…
2Cases cited3 opinions
- Trustees of Farmington Academy v. AllenMassachusetts Supreme Judicial Court · 1817
- Hamilton & Deansville Plank Road Co. v. RiceNew York Supreme Court · 1849
- Troy & Boston Railroad v. TibbitsNew York Supreme Court · 1854
3Cited by5 opinions
- San Joaquin Land & Water Co. v. BeecherCalifornia Supreme Court · 1894
- Christian Coll. v. HendleyCalifornia Supreme Court · 1874
- Erie & New York City Rail Road v. OwenNew York Supreme Court · 1860
- Joslyn v. Pacific Mail Steamship Co.New York Court of Common Pleas · 1872
- White Hall & Plattsburg R. R. v. MyersNew York Supreme Court · 1872