Legal Opinion
Excelsior Grain Binding Co. v. Stayner
New York Supreme Court
Decided July 15, 1881PublishedCited by 1 opinion
Appeal from a judgment recovered on trial before the court without a jury.
1Opinion of the CourtDaniels, J.
This action was prosecuted for the recovery of the sum of $5,000, being the amount of the defendant’s subscription for 100 shares of the capital stock of the plaintiff. These shares were of the par value of fifty dollars each, and the subscription by which the defendant agreed to take them was made before the company was completely organized. The company was incorporated under the authority of chapter 611 of the Laws of 1875. The certificate required for that purpose was filed, and the persons making it were empowered to open books for subscriptions to the capital stock, as that has been…
2Cases cited12 opinions
- Booth v. Cleveland Rolling Mill Co.New York Court of Appeals · 1878
- President of the Goshen & Minisink Turnpike Road v. HurtinNew York Supreme Court · 1812
- Durant v. . AbendrothNew York Court of Appeals · 1877
- Barton v. Port Jackson & Union Falls Plank Road Co.New York Supreme Court · 1854
- Lake Ontario, Auburn & New-York Railroad v. MasonNew York Court of Appeals · 1857
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