Bank Commissioners v. City Bank of Buffalo

Saratoga Chancery Court

Bank Commissioners v. City Bank of Buffalo

1 Sarat. Ch. Sent. 50, 1841 N.Y. LEXIS 305

DecidedJuly 20, 1841

StatusPublished

This text of 1 Sarat. Ch. Sent. 50 (Bank Commissioners v. City Bank of Buffalo) is published on Counsel Stack Legal Research, covering Saratoga Chancery Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Bank Commissioners v. City Bank of Buffalo, 1 Sarat. Ch. Sent. 50, 1841 N.Y. LEXIS 305 (N.Y. Super. Ct. 1841).

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Opinion

Decree declaring that the corporation has forfeited its corporate rights and privileges, and that it be perpetually enjoined from exercising them; that the receiver pay the costs of the complainants out of the funds in his hands; and that the corporation he continued in existence so far as may be necessary to enable the receiver to collect foreign debts and recover foreign property in the name of the corporation, but for no other purpose whatever; and that when those objects are accomplished the corporation be deemed to be absolutely dissolved.

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Decree declaring that the corporation has forfeited its corporate rights and privileges, and that it be perpetually enjoined from exercising them; that the receiver pay the costs of the complainants out of the funds in his hands; and that the corporation he continued in existence so far as may be necessary to enable the receiver to collect foreign debts and recover foreign property in the name of the corporation, but for no other purpose whatever; and that when those objects are accomplished the corporation be deemed to be absolutely dissolved.

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Bluebook (online)

1 Sarat. Ch. Sent. 50, 1841 N.Y. LEXIS 305, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bank-commissioners-v-city-bank-of-buffalo-nychanctsara-1841.