Case Name: THE AMERICAN SILK WORKS, Respondent, v. I. J. SALOMON, Appellant
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1875-03
Citations: 11 N.Y. Sup. Ct. 135
Docket Number: 
Parties: THE AMERICAN SILK WORKS, Respondent, v. I. J. SALOMON, Appellant.
Judges: 
Reporter: Supreme Court Reports (Hun)
Volume: 11
Pages: 135–135

Head Matter:
THE AMERICAN SILK WORKS, Respondent, v. I. J. SALOMON, Appellant.
Corporations—■ acquisition of propet'ty before incorporation completed—subscriptions may be in chattels.
Corporations may acquire title to money paid upon subscriptions to capital stock before tire corporation has a legal existence, and such subscriptions may be in the form of property other than money.
Appeal from a judgment in favor of the plaintiff herein, entered on the report of a referee. The action was brought for the alleged conversion by the defendant of certain steam gas-pipes, etc., the property of the plaintiff.
Gardiner & Goodhart, for the appellant.
Williams Brothers, for the respondent.

Opinion:
Opinion by
Gilbert, J.
Present — Barnard, P. J., Gilbert and Tappen, JJ.
Barnard, P. J., dissented.
Judgment affirmed, with costs.