Marklove v. Utica, Clinton & Binghamton Railroad
New York Supreme Court
Suit in equity to determine rights under an assignment of corporate stock made by the city of Utica. The opinion states the case.
1Opinion of the CourtRogers, J.
On the 10th of July, 1871, the city of Utica became the owner of certificate No. 554, for 2,000 shares, par value of $100 per share, of the stock of the defendant, Utica, Clinton & Binghamton Railroad Company, in consideration of the issue, for the benefit of said Company, of $200,000 of bonds, dated July 1, 1871 and due July 1, 1901; and in further consideration that “ stock thus taken should yield an annual interest of five per cent.” — the five per cent., annually, to be secured by and out of rentals to be paid under a proposed lease of the road to the New York & Oswego Midland Railroad…
2Cases cited23 opinions
- Gillet v. . Bank of AmericaNew York Court of Appeals · 1899
- Hoffman v. Ætna Fire InsuranceNew York Court of Appeals · 1865
- Louisville & Nashville Railroad v. SchmidtSupreme Court of the United States · 1900
- Beveridge v. New York Elevated RailroadNew York Court of Appeals · 1889
- Craig v. . ParkisNew York Court of Appeals · 1869
18 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- McCulloch v. Canadian Pac. Ry. Co.District Court, D. Minnesota · 1943
- Tomasini v. Municipio de PonceSupreme Court of Puerto Rico · 1936
- Triple Action Spring Co. v. GoyenaAppellate Terms of the Supreme Court of New York · 1916
- Tomasini v. Municipality of PonceSupreme Court of Puerto Rico · 1936