Central Trust Co. v. New York City & Northern Railroad

54 N.Y. Sup. Ct. 587, 15 N.Y. St. Rep. 178
CourtNew York Supreme Court
DecidedMarch 15, 1888
StatusPublished

This text of 54 N.Y. Sup. Ct. 587 (Central Trust Co. v. New York City & Northern Railroad) is published on Counsel Stack Legal Research, covering New York Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Central Trust Co. v. New York City & Northern Railroad, 54 N.Y. Sup. Ct. 587, 15 N.Y. St. Rep. 178 (N.Y. Super. Ct. 1888).

Opinion

Daniels, J.:

The taxes "which were directed to be paid were imposed upon the railroad company, under the authority of section 6, chapter 361 of the Laws of 1881, amending chapter 512 of the Laws of 1880. No objection has been taken to the amount of the taxes directed to be paid by the order, but the chief objection relied upon is that the order itself was wholly unauthorized by the statutes. The appellant was preceded as receiver by the appointment of Arthur Leary, which was temporarily made in creditor’s proceedings on the 21th of May, 1882, and confirmed and continued on the twenty-seventh of the same month. He was authorized to operate the railroad, and did so under the authority of the orders until on or about the third of February, 1885, when the appellant was appointed in a foreclosure action, brought by the plaintiff as a trustee for the benefit of the holders of bonds issued and secured by mortgages executed by the railroad company. ' By his appointment he was vested with all the property of the railroad company, and authorized to continue its business by the use and operation of the railroad. And that he has done, and together with the preceding receiver, realized from the earnings of the company the sums upon which the taxes for each year remain imposed.

The proceedings which the act of 1881 have provided for, in case of the non-payment of the taxes by the company are prescribed in sections 7 and 9 of the act. By the former of these sections it has been declared in case the taxes shall remain unpaid for the period of thirty days after becoming due, that an addition of ten per cent may be made thereto, which taxes and addition shall be collected for the use of the State as other taxes are recoverable by law from such corporation, joint-stock company or association.” And by the other section it has been further provided, for a neglect or refusal to pay the taxes by this act required to be paid, “ the same may be sued for in the name of the people of the State, and recovered in any court of competent jurisdiction in an action to be brought by the attorney-general at the instance of the comptroller.” [590]*590This latter section it is clear did not provide for the proceeding which in this instance has been taken against the receiver, resulting in the order directing him to pay the taxes, and to raise the amount in case of necessity by issuing receiver’s certificates. The point in the ease, therefore, to determine is, whether this is such a proceeding as was authorized by section 7 of the act. The act has provided for no other mode of procedure for the collection of the taxes than one or both of those enumerated and prescribed in this manner. The statute has not in any form made these taxes a charge upon the real estate of the company, but they are what the act itself denominates business or franchise taxes, and they have been so considered and sustained by the courts. (People v. Home Ins. Co., 92 N. Y., 328.)

The liability to pay this franchise or business tax on the earnings of the company was first. created by chapter 542 of. the Laws of 1880, and these remedies were then provided for the collection of the taxes in ease of default or refusal to pay on the part of the company. And when a right has been in this manner created and the remedies prescribed for its enforcement, such remedies, by a well-settled construction of the law, proceeding upon the apparent intent of the legislature, have been held to be exclusive. (Dudley v. Mayhew, 3 Comst., 9; Renwick v. Morris, 7 Hill, 575; Dodge v. Stevens, 94 N. Y., 209, 217.)

Enactments of this description are therefore, to be restricted to the proceedings which they jirovide for, and not enlarged by a construction for which no warrant or authority is to be found in the act. (Jessup v. Carnegie, 80 N. Y., 441, 456, 457.)

As this proceeding is not by action under the authority of section 9 of chapter 361 of the Laws of 1881, it, therefore, must be maintained, if that can be done at all, under the last clause of of section 7, as one provided for the collection of taxes for the use the State, as other taxes were recoverable by law from corporations. This could not have been intended to refer to or include proceedings for the sale of real estate upon which taxes have been imposed and remain unpaid. Eor here the taxes were imposed ouly upon the earnings of the company, and not upon any other description of its property. Eor their collection the proceedings prescribed for the sale of real estate of the company are inapplicable. Such [591]*591proceedings relate wholly and solely to taxes upon that species of property. While the proceeding authorized by this portion of section 7 of the act of 1881, is one for the collection of the taxes for the use of the State, and that is the same as previously had been provided for the collection of other taxes, recoverable by law from corporations. This reference has been briefly made in this section of the act, without indicating otherwise than by a very general description, what proceedings may be taken for the collection of these taxes. But as no others adapted to this end have been prescribed than those previously authorized for the collection of taxes owing by incorporated companies, it is reasonable to presume that they were the proceedings within the intention of the legislature referred to, and rendered applicable by this part of section 7 of the act of 1881. Those proceedings, as the law was amended by chapter 456 of the Laws of 1857, are to be taken against the corporation itself. And they are to be instituted by petition, upon which the court has been authorized to sequestrate such part of the property of the company as shall be deemed necessary for the purpose of satisfying the taxes in arrears with the costs of the proceedings. And in its discretion the court may proceed further and enjoin the company and its officers from all further proceedings under the charter or act of incorporation, to enforce the payment of the taxes. (1 R. S. [6th ed.], 983, §§22-24; Laws of 1857, chap. 456, §5.) That has been deemed by the legislature an efficient mode of proceeding to secure the payment of the delinquent taxes, and it would probably turn out to be so, inasmuch as the mortgages and judgments against the company should be held to be subordinated to its liability to pay the taxes. Certainly a proceeding to annul the corporate existence of the corporation would appear to be adequate to produce this result. The cases of Gormley’s Appeal (27 Penn., 49), limited by City of Philadelphia v. Cook (30 id., 56) and Maish v. Bird (22 Ped. Rep., 180), do not conflict with this measure of liability. For they rest upon peculiar statutory provisions of other States, and in the latter of the cases, the proceeds which were the subject of contention, had been realized on the foreclosure of a mortgage no part of the object of which was to collect or provide for the collection of the unpaid taxes, and they were necessarily left to depend upon the statutory remedy of proceeding against the property itself. [592]*592And as tbe remedy provided by tbe laws of this State for tbe collection of these taxes has not been made to include an independent proceeding carried on against tbe receiver, that which has been prosecuted in this case appears to have been carried on without authority.

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Related

Dodge v. . Stevens
94 N.Y. 209 (New York Court of Appeals, 1883)
The People v. . the Home Insurance Co.
92 N.Y. 328 (New York Court of Appeals, 1883)
Jessup v. . Carnegie
80 N.Y. 441 (New York Court of Appeals, 1880)
Metropolitan Trust Co. v. Tonawanda Valley & Cuba Railroad
8 N.E. 488 (New York Court of Appeals, 1886)

Cite This Page — Counsel Stack

Bluebook (online)
54 N.Y. Sup. Ct. 587, 15 N.Y. St. Rep. 178, Counsel Stack Legal Research, https://law.counselstack.com/opinion/central-trust-co-v-new-york-city-northern-railroad-nysupct-1888.