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Matter of Mount Vernon Trust Company

Appellate Division of the Supreme Court of New York, Second Department
May 1, 1934
241 App. Div. 886 (N.Y. App. Div. 1934)

Opinion

May, 1934.

Present — Lazansky, P.J., Young, Kapper, Tompkins and Davis, JJ.


Motion for reargument denied. We adhere to our decision made April 25, 1934 [ ante, p. 835], and repeat that the remedy of the aggrieved depositors in respect to their rights and preferences and the rights of stockholders must be determined in an action where the questions can be raised directly, and not collaterally, as it is sought to do in this purely statutory proceeding.


Summaries of

Matter of Mount Vernon Trust Company

Appellate Division of the Supreme Court of New York, Second Department
May 1, 1934
241 App. Div. 886 (N.Y. App. Div. 1934)
Case details for

Matter of Mount Vernon Trust Company

Case Details

Full title:In the Matter of the Application of THE MOUNT VERNON TRUST COMPANY for an…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: May 1, 1934

Citations

241 App. Div. 886 (N.Y. App. Div. 1934)