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The Mining Reports (Volume 13); A Series Containing the Cases on the Law of Mines Found in the American and English Reports, Arranged Alphabetically by Subjects, with Notes and References

The Mining Reports (Volume 13); A Series Containing the Cases on the Law of Mines Found in the American and English Reports, Arranged Alphabetically by Subjects, with Notes and References


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1888. Excerpt: ... Addeely V. Storm Et Al. (6 Hill, 624. Supreme Court of New York, 1844.) 1 In determining who are stockholders, the court will not inquire beyond the legal title, except where there has been a fraudulent transfer. Collateral holder of stoJt liable for company debts. In 1837, one B., being indebted to the defendants, transferred to thein certain stock in the Eossie Galena Company, delivering t he certificates and assigning tlicm upon the books of the company. By contemporaneous writing the defendants were authorized to dispose of the stock at a certain rate, and apply the proceeds in payment of B.'s debt as it became due, but if the debt was paid before the stock was disposed of. they were to return it. The debt was paid in September, 1838, whereupon the certificates were returned, indorsed with a power of attorney, for the re-transfer of the stock. This power being deficient, a more formal authority was afterward given, but the re-assignment was not made either upon the books of the company or otherwise until March, 1840: Held, that the defendants were stockholders, and liable for debts contracted by the company in January, 1840. Idem--Unregistered transfer. It might have been otherwise, had the defendants re-assigned the stock to B., on receiving payment from him, although no transfer had been made on the books of the company. The defendants were sued as stockholders of the Rossie Galena Company for a debt which the company owed the plaintiff, he having recovered a judgment against the company, on which execution had been issued and returned unsatisfied. (See Charter, Stat, of 1837. p. 445, 9, 10.) The cause was tried in July, 1843, before Willard, Circuit Judge, at the St. Lawrence Circuit. The plaintiffs demand was a note made by the compan...


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Product Details
  • ISBN-13: 9781150967368
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 280
  • Spine Width: 15 mm
  • Width: 189 mm
  • ISBN-10: 1150967366
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 503 gr


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The Mining Reports (Volume 13); A Series Containing the Cases on the Law of Mines Found in the American and English Reports, Arranged Alphabetically by Subjects, with Notes and References
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The Mining Reports (Volume 13); A Series Containing the Cases on the Law of Mines Found in the American and English Reports, Arranged Alphabetically by Subjects, with Notes and References
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