Contracts · MBE-tested
John W. Ford, Suing in His Own Behalf and in Behalf of All Other Creditors of the Rochester Mexican Plantation Company, Respondent, v. Benjamin E. Chase and Others, Appellants, Impleaded with Augustus S. Pendry, Appellant, Respondent, and Frank A. Underwood and Others, Defendants
137 A.D. 927·New York Supreme Court, Appellate Division·1910·NY
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Opinion
John W. Ford, Suing in His Own Behalf and in Behalf of All Other Creditors of the Rochester Mexican Plantation Company, Respondent, v. Benjamin E. Chase and Others, Appellants, Impleaded with Augustus S. Pendry, Appellant, Respondent, and Frank A. Underwood and Others, Defendants.
[MAJORITY]
Interlocutory judgment affirmed, with costs. All concurred, except McLennan, P. J., who dissented upon the ground that the indebtedness in question was contracted prior to the time when the defendants became stockholders of the corporation, withiq the meaning of section 56 of the Stock Corporation Law.
See Gen. Laws, chap. 36 (Laws of 1892, chap. 688), § 54, as amd. by Laws of 1901, chap. 354; revised into Consol. Laws, chap. 59 (Laws of 1909, chap. 61), §56.—[Rep.