Case Name: T. Lloyd Hollister, Respondent, v. The DeForest Wireless Telegraph Co., Appellant
Court: New York Supreme Court, Appellate Term
Jurisdiction: New York
Decision Date: 1905-06
Citations: 47 Misc. 674
Docket Number: 
Parties: T. Lloyd Hollister, Respondent, v. The DeForest Wireless Telegraph Co., Appellant.
Judges: 
Reporter: New York Miscellaneous Reports
Volume: 47
Pages: 674–675

Head Matter:
T. Lloyd Hollister, Respondent, v. The DeForest Wireless Telegraph Co., Appellant.
(Supreme Court, Appellate Term,
June, 1905.)
Stock Corporation Law, § 53 — Inspection of stock book — Action for penalty — What must be shown.
Unless the plaintiff, in an action to recover the penalty provided (Stock Corporation Law, § 53) for failure of an alleged foreign stock corporation to permit an inspection of its stock book, etc., proves by competent evidence that defendant is a stock corporation having an office for the transaction of business, or a transfer agent in this State; that it is not a moneyed or railroad corporation and that plaintiff is a stockholder therein, he cannot recover.
Appeal by the defendant from a judgment rendered in ifavor of the plaintiff in the Municipal Court of the city of ¡New York, second district, borough of Manhattan.
T. Lloyd Hollister, for respondent in person..
Francis X. Butler, for appellant.

Opinion:
Dugro, J.
Plaintiff failed to show a cause of action, among other things, in that he failed to prove by competent evidence that the defendant was a stock corporation, and had an office for the transaction of business or a transfer agent in this State; that it was not a moneyed or railroad corporation, and that he was a stockholder.
The judgment must, therefore, be reversed and a new trial ordered, with costs to appellant to abide the event.