Johnson v. Albany & Susquehanna Railroad
New York Supreme Court
This was an action to compel the defendants to issue to plaintiff a certificate for twenty shares of stock; and was tried at the Albany November circuit, 1870, without a jury.
1Opinion of the CourtLearned, J.
John Edgerton, subscribed for twenty shares of the Albany and Susquehanna railroad company, and paid thereon the first installment of ten per cent, on the 30th of May, 1863; the board of directors called for the payment of ten per cent., on the 1st day of September, 1863, and ten per cent, every sixty days thereafter. Edgerton paid the second, third, fourth and fifth installments, making $1,000 in all.
Afterwards, on the 12th of December, 1860, the company sued him to recover the remaining installments amounting to $1,000, and interest. He set up several *194defenses, and among them, the statute…
2Cases cited1 opinion
- Small v. Herkimer Manufacturing & Hydraulic Co.New York Court of Appeals · 1849
3Cited by1 opinion
- Johnson v. . Albany Susquehanna R.R. Co.New York Court of Appeals · 1873