Flaum v. Kaiser Bros.
New York Supreme Court
Action to set aside a transfer of corporate assets and to establish a lien thereon by a creditor of the corporation.
1Opinion of the CourtDayton, J.
Michaelis and Arnold Kaiser were partners in a mercantile business. Desiring, as they say, that their real estate transactions should be dissociated from their mercantile business, they, with their attorney, organized a corporation under the name of Kaiser Bros. Co. for the handling of real estate, with an authorized capital stock of $10,000. Ten shares of this stock were subscribed, nine by the Kaiser brothers, for which they paid in cash the full face value, $900, and one share was issued to the attorney for his services; and these .three constituted the board of directors and the only…
2Cases cited6 opinions
- Butts v. . WoodNew York Court of Appeals · 1867
- Darcy v. Brooklyn & New York Ferry Co.New York Court of Appeals · 1909
- Jacobson v. . Brooklyn Lumber Co.New York Court of Appeals · 1906
- Western Union Telegraph Co. v. ShepardNew York Court of Appeals · 1901
- Quinn v. QuinnAppellate Division of the Supreme Court of the State of New York · 1899
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Natelson v. A.B.L. Holding Co., Inc.New York Court of Appeals · 1932
- Federal Mortgage Co. v. SimesWisconsin Supreme Court · 1933
- Brown v. HollidayAppellate Division of the Supreme Court of the State of New York · 1935