People v. Metropolitan Savings & Loan Ass'n

Appellate Division of the Supreme Court of New York

People v. Metropolitan Savings & Loan Ass'n

92 N.Y.S. 1138

CourtAppellate Division of the Supreme Court of the State of New York

DecidedMarch 21, 1905

StatusPublished

This text of 92 N.Y.S. 1138 (People v. Metropolitan Savings & Loan Ass'n) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

People v. Metropolitan Savings & Loan Ass'n, 92 N.Y.S. 1138 (N.Y. Ct. App. 1905).

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Opinion

PER CURIAM.

Motion granted, and questions certified as follows: “(1) Are the claimants holding shares in said corporation known as class E general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the par value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation? (2) Are the claimants holding shares in said corporation known as class K general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the par value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation? (3) Are the claimants holding shares in said corporation known as class H general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the paid-up value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation?”

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PER CURIAM.

Motion granted, and questions certified as follows: “(1) Are the claimants holding shares in said corporation known as class E general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the par value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation? (2) Are the claimants holding shares in said corporation known as class K general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the par value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation? (3) Are the claimants holding shares in said corporation known as class H general creditors, or entitled to the rights of general creditors, of said corporation, and to the payment by the receiver, on the final distribution of the assets of the corporation, to the extent of the paid-up value of such stock, in preference and prior to any payment being made by said receiver to claimants holding shares of any of the installment stocks in said corporation?”

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Bluebook (online)

92 N.Y.S. 1138, Counsel Stack Legal Research, https://law.counselstack.com/opinion/people-v-metropolitan-savings-loan-assn-nyappdiv-1905.