Commentaries On the Law of Persons And Personal Property : Being An Introduction to the Study of Contracts

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R. Co. v. Pottle, 23 § 1325, and cases cited. Barb. 21.
8 See remarks of Johnson, J. in Sehe- 7 Schenectady, &c. Plank Road Co. ■».
nectady Plank Road Co. v. Thatcher, 11 Thatcher, 11 N. Y. 102 ; Buffalo & N. Y.
N. Y. 102. City R. R. Co. v. Dudley, 14 Id. 336, 354, * Nathan ». Whitlock, 9 Paige, 152 ; 355.
Affg. 3 Edw. Ch. 215.
(o) If the sale be made in good faith to Cromwell, 25 Barb. 413 ; Cole v. Ryan, a solvent purchaser, many authorities ex- 52 Barb. 168 ; Isham v. Buckingham, 49 onerate
...the transferor from liability for N. Y. 216 ; Morawetz on Private Corpora- calls made subsequent to the transfer. Bil- tions, § 159. In several States there are lings v. Robinson, 94 N. Y. 415 ; Tucker statutes upon the subject.
v. Gilman, 121 N. Y. 189; Cowles v.
408 THE LAW OF PERSONS.
existing shareholders are entitled to subscribe for it rather than strangers. 1 The rules above stated are not to be extended to assessments made upon stockholders, after the stock has been fully paid for.


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