A Treatise On the New York Manufacturing Corporation Act of 1848, And Business Corporation Act of 1875 : Together With Said Acts, As Amended, Extended And Modified to April, 1890, With Forms And By-Laws
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In our eReader you can find the full English version of the book. Read A Treatise On the New York Manufacturing Corporation Act of 1848, And Business Corporation Act of 1875 : Together With Said Acts, As Amended, Extended And Modified to April, 1890, With Forms And By-Laws Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Treatise On the New York Manufacturing Corporation Act of 1848, And Business Corporation Act of 1875 : Together With Said Acts, As Amended, Extended And Modified to April, 1890, With Forms And By-Laws
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c.
Supreme Ct. Reporter, vol. 8, p. 363 ; Weeks v. Love, 33 N. Y. Superior, 397; Bank, &c. v. Ibbotson, 5 Hill, 641 ; s. c. 34 Wend. 473.
" Garrison v. Howe, 17 N. Y. 458 ; Mathez v. Neidig, 73 N. Y. 100 ; Agate V. Sands, 78 N. Y. 620 ; Christensen «. Colby, 43 Hun, 383.
' Briggs V. Cornwell, 9 Daly, 436 ; Briggs v. Peaniman, 8 Cow. 392 ; Matter of Empire City Bank, 18 N. Y. 199, 337 ; Bank, &c. v. Ibbotson, 34 Wend. 473.
160 INDIVIDUAL LIABILITY OF STOCKHOLDERS. § 109.
creditors of the company..., to secure the payment of their deVjts ; but it belongs to all such creditors, as well those who are stockholders as those who are not.
This defense, so interposed by a creditor-stockholder, does not constitute an absolute bar to all claims, like a recovery by, and payment to, another creditor for the whole amount of personal liability of a stockholder,^ nor is it strictly an offset at law ; but it is a defense to this form of action, in the nature of an equitable off- set, based upon the equitable rights of the defendant to the fund sought to be taken from his possession, witb- out tbe necessary facts appearing, or being capable in that action of appearing, to enable the court to deter- mine the extent of those rights.'* Nor is it necessary to enable a defendant to inter- pose this defense that he should bring himself and his claim within the provisions of section 24:, requiring a suit on the debt to be brought against the company within one year.
What to read after A Treatise On the New York Manufacturing Corporation Act of 1848, And Business Corporation Act of 1875 : Together With Said Acts, As Amended, Extended And Modified to April, 1890, With Forms And By-Laws?
You can find similar books in the "Read Also" column, or choose other free books by Jones, Dwight Arven, 1854-1913 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
c.
Supreme Ct. Reporter, vol. 8, p. 363 ; Weeks v. Love, 33 N. Y. Superior, 397; Bank, &c. v. Ibbotson, 5 Hill, 641 ; s. c. 34 Wend. 473.
" Garrison v. Howe, 17 N. Y. 458 ; Mathez v. Neidig, 73 N. Y. 100 ; Agate V. Sands, 78 N. Y. 620 ; Christensen «. Colby, 43 Hun, 383.
' Briggs V. Cornwell, 9 Daly, 436 ; Briggs v. Peaniman, 8 Cow. 392 ; Matter of Empire City Bank, 18 N. Y. 199, 337 ; Bank, &c. v. Ibbotson, 34 Wend. 473.
160 INDIVIDUAL LIABILITY OF STOCKHOLDERS. § 109.
creditors of the company..., to secure the payment of their deVjts ; but it belongs to all such creditors, as well those who are stockholders as those who are not.
This defense, so interposed by a creditor-stockholder, does not constitute an absolute bar to all claims, like a recovery by, and payment to, another creditor for the whole amount of personal liability of a stockholder,^ nor is it strictly an offset at law ; but it is a defense to this form of action, in the nature of an equitable off- set, based upon the equitable rights of the defendant to the fund sought to be taken from his possession, witb- out tbe necessary facts appearing, or being capable in that action of appearing, to enable the court to deter- mine the extent of those rights.'* Nor is it necessary to enable a defendant to inter- pose this defense that he should bring himself and his claim within the provisions of section 24:, requiring a suit on the debt to be brought against the company within one year.
What to read after A Treatise On the New York Manufacturing Corporation Act of 1848, And Business Corporation Act of 1875 : Together With Said Acts, As Amended, Extended And Modified to April, 1890, With Forms And By-Laws?
You can find similar books in the "Read Also" column, or choose other free books by Jones, Dwight Arven, 1854-1913 to read onlineMoreLess
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