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Story
June 21, 1858
New York Daily Tribune
New York, New York County, New York
What is this article about?
The New-York and New-Haven Railroad Company sued holders of fraudulent stock issued by Schuyler, Cross & Co., seeking to resolve claims in a single suit. The court overruled a demurrer, upholding the consolidation to avoid over 300 separate cases.
Clipping
OCR Quality
95%
Excellent
Full Text
THE FRAUDULENT STOCK OF THE NEW-HAVEN RAILROAD COMPANY.
New-York and New-Haven Railroad Company agt. Schuyler, Cross & Co. and others.
This is a motion brought by the New-York and New-Haven Railroad Company against all the owners of the spurious stock issued by Schuyler, for the purpose of determining the respective rights of the claimants and the Company in one suit. Whether this could be done, or whether the Company was to contest substantially the same questions in more than three hundred suits, was the question before the Court, raised by the demurrer of one of the defendants to the complaint. The demurrer was overruled, and the action of the Company sustained.
New-York and New-Haven Railroad Company agt. Schuyler, Cross & Co. and others.
This is a motion brought by the New-York and New-Haven Railroad Company against all the owners of the spurious stock issued by Schuyler, for the purpose of determining the respective rights of the claimants and the Company in one suit. Whether this could be done, or whether the Company was to contest substantially the same questions in more than three hundred suits, was the question before the Court, raised by the demurrer of one of the defendants to the complaint. The demurrer was overruled, and the action of the Company sustained.
What sub-type of article is it?
Deception Fraud
Crime Story
Historical Event
What themes does it cover?
Deception
Crime Punishment
Justice
What keywords are associated?
Fraudulent Stock
Railroad Company
Legal Motion
Demurrer Overruled
New Haven Railroad
What entities or persons were involved?
New York And New Haven Railroad Company
Schuyler, Cross & Co.
Story Details
Key Persons
New York And New Haven Railroad Company
Schuyler, Cross & Co.
Story Details
The New-York and New-Haven Railroad Company sued owners of spurious stock issued by Schuyler, Cross & Co. to determine rights in one suit rather than multiple. The court overruled the demurrer, sustaining the company's action.