New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-03-06
Law Courts. I'D 81

s,-vve,op Cornr-Before Judge Oakiy.-Cnd'k'
Oakley vs. Ho,cland A.yfst'au Agels ~,
es to S,rs the balance OF four carsoes cent 10 Gr
Jobn Young a, Trinidad OF whom 1t Is assefteo r, pa
Le- ,rss partner bu. denied already referred 10 Inc
r. fonnd a verdict for defendant For pitt Messrs.
Ha,,inss and Keichum. For def Messrs E. r. Batch-
/ ford and J. p. Hall >, 70
Rad Hgprook vs. Ed,oord T. Bcckkouse asd H. n
Cons-Acton 10 recover freight of oranses lroln
tapxss In The schooner Agawsm the eresNi Gs.-ie-
of which were washed og deck in f'o.l o. - md
ton l. rs cos.ended that the yess W. srgl, for taose
sns; verdict for plaintiff subtee: e ADJUST
49, o .be latter rule. For psinah ar :.
men H o ~ acndsn. Mr.. G. p Bo~oon-
iora. Ipdsc vanderpool-Csc-s H. Jccsso1. va Josn
o Iyrc- end Phillip EabaTy. ereon'ers u Pe1as foo,
L-Acton 20 recover note ana oooa oeo. const
By Mr. Jacob D. Fowler but II ID contender ~
for his brother Pexu the deceased, from ~non ae
hold mower OF attorney. The executors ocnJ 'aa he
es:a:a Is liable Saying Jacob conFsctea On ns OVID pr
ya;e account sc Verde. for plaintiff, Is Coy For
plaintiff Messrs +. Sanford anc l. D. lung. OK uc
Scn2an. Mr. 2. J. Dillon.
Darid IL Prdu iSsee Ii. ldraan crc Niagara ~
Gsan-Ac;ion of eec:nenr &C recover possession Oh
hnd;ry and lot on the South side o. JoaLat oetWeen
Na,aan and William which sold by re Corpora
ton 10 Mr Prs sale for aasessnenh or lease OF
icO yesrs for Sl23 The assesarner. WEE laid Tor the
widening OF Iohn st. Defendants commended tnst The
seaspn as invalid and refused g give Up possession
Che present. action 10 brought by tue Cooperation = pc.
half of Mr. P To be continued this forenoon Fof pm
Mr. p n. Cowdrey. Far dcfdt aessrs K Mott ana j.
couFr OF CoMwoy PLEAs-Be!o.e Judge Ulshafsr
Hea7y F. yosasoE JoAr Rpca-The pleiDes Aeeps I
shoe store In Canelst He was formerly Cd organ ooo
er His 3gu ghter being n want OF piano ofD &c en-
cuded t make one for her himself and applied 70 MI
Ruck Tho bss piano forte rnanuisc'oIy 10Y
10 that effect ATE, the piano forte nso ocsa
NJ y refused Il, let /: go from bis shop asserting ast
he hra csi,o uoon g. and Il 7as repie7tned Now the
i,zus To be continued ths forenoon roI paauiiA iH!.
{. Nsge For defendant Mcssrs. Nss'e and Chase
c,ncU1r CoURT-Belore Judge Edmonds-bT0ac Vs.
uosnonr Action IN recover Sl20, being per cent 3
year for three YEAR, in negotiating !os referred 10
yester5sT The defendant ccr.euded that per c=r:
commission ss the us'Rl charge o. ososers, ".snouI
ference 10 the years end the Court permitted
testimony TO bs teken sho the usage Verdict for
ya6a Letd,op 4, Co. We Bclsy storr-TAa Legisa.
In Ie37 chartered the Rosie Gaenn Co. tbs object
OF the association being the raising and sr1es lead IN
S. Lawrence Co. By clause OF the Charter Toe stocS'
holders made strictly ana seyeray isoe ioE me
debtn of tho Company. The sbsres were s25 each
The company was chartered IN May 1891 ard In August
of ear .hares o: the stock we're placed In the
usnds Cf Bailey g. Storm by John c. Bush IL Co. as col
lateral for Indebtedness, with liberty 70 sell 81 S2oo
share & Co. got these six shares
10 themselves acd they stood their name or tse looks
Of Inc Company TIE plaintiffs loaned % the company
large gum with which 20 carry on the!r "o!ka re
company became embarrassed. Plaintiffs ohtelncc ludg
er, and issued execution for upwarcs 0! SlSuoV OF
which the Sheriff sezed the property Q! sae company
and realized about $4,000 leaving the balance unpsi
and the company owing between S5oGVV ana s3'oUo'-
This was In March 1910 The law rendering the ssocK
holders jointly liable, and the six shares oeing on tue
books in the Of B. & Co, plaintiffs selected tnern
they being saunch and reponsibe to pay the balance
due them and the present action was brought to
recover the amount. The defence is that the dess
which Bush 6; Co. owed defendant: ned oeen paio
beiora the Indebtedness accrued 70 Le!clsw 20.
on the part of the company although the resTsns
fer had not taken place til, after the Indebtedness The
case has been the Supreme Court VINO oecideo tntt
& allowing the shares stock to be transferred to
their name made them stockholders SO that they were
liable for all the debts contracted while they held such
aipsDr
Errors where the case will probably be carried. 1; has
been reported in Gin Hill person holding but single
share would be liable for the whole of the debts OF the
company. law having for its object to make STOCK
holders liable in similar manner for al! companies, lie
now we believe before the Legislature.
For defence ii ia contended that merely holding the
stock as collateral for the debt OF another they were not
,toclho,ders There WAS also minor point TO inter
EST, Verdict for plaintiffs s4 054 81 subject TO the opn-
ION OF the Court For plaintiffs, Mr.. ]. c. Smith. For
deendadts Mr. Z. Ii. Kinn5all