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People v. Metropolitan Savings and Loan Assoc

Appellate Division of the Supreme Court of New York, Third Department
Mar 1, 1905
103 App. Div. 599 (N.Y. App. Div. 1905)

Opinion

March, 1905.


Memorandum ( ante, p. 599) handed down March twenty-first amended so as to read as follows: Motion granted and questions certified as follows: 1. Are the claimants holding shares in said corporation known as Class E entitled to the rights of creditors or preferred shareholders of said corporation after its dissolution as relating to any of the installment stocks in said corporation, and entitled 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 holders of shares of any such installment stocks? 2. Are the claimants holding shares in said corporation known as Class K entitled to the rights of creditors or preferred shareholders of said corporation after its dissolution as relating to any of the installment stocks in said corporation, and entitled 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 holders of shares of any such installment stocks? 3. Are the claimants holding shares in said corporation known as Class H entitled to the rights of creditors or preferred shareholders of said corporation after its dissolution, as relating to any of the installment stocks in 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 payments being made by said receiver to claimants holding shares of any of the installment stocks in said corporation?


Summaries of

People v. Metropolitan Savings and Loan Assoc

Appellate Division of the Supreme Court of New York, Third Department
Mar 1, 1905
103 App. Div. 599 (N.Y. App. Div. 1905)
Case details for

People v. Metropolitan Savings and Loan Assoc

Case Details

Full title:The People of the State of New York v. Metropolitan Savings and Loan…

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

Date published: Mar 1, 1905

Citations

103 App. Div. 599 (N.Y. App. Div. 1905)