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The Bank of Toledo v. the International Bank

Court of Appeals of the State of New York
Jun 1, 1860
21 N.Y. 542 (N.Y. 1860)

Opinion

June Term, 1860

John L. Talcott, for the appellant.

John Ganson, for the respondent.


The only question arising upon this appeal is, whether the plaintiff sufficiently proved itself to be a corporation under the laws of the State of Ohio. The statute of that State authorized individuals to associate and form banking companies, by signing and acknowledging a certificate stating certain particulars, and causing it to be recorded in the office of the recorder of the county. The act further provides for an examination of the institutions which shall have recorded certificates, by the bank commissioners or a special agent appointed by them, to ascertain whether they have complied with the act; and the commissioners are to certify to the Governor as to such as shall have been approved of, and if he is also satisfied that the law has been complied with, he is to issue his proclamation, setting forth that they are authorized to commence and carry on the business of banking.

The plaintiff (the issue being on its having been created a corporation) proved that a certificate, containing the requisites mentioned in the act, had been recorded in the proper county, in the year 1845; and it examined its cashier, who proved that it had been doing business as a bank, under its articles of association, at Toledo, for several years last past, and that the defendant, during all that time, had acted as its collecting agent at Buffalo, corresponding with it and addressing it letters under its corporate name. The Supreme Court held the proof sufficient, and the plaintiff recovered.

I am of opinion that the judgment was in accordance with the decisions of this court in the cases of The Methodist Episcopal Church v. Pickett ( 19 N.Y., 482), and Eaton v. Aspinwall ( Id., 119), and that it ought to be affirmed.

CLERKE, J., also delivered an opinion for affirmance, and all the judges concurred.

Judgment affirmed.


Summaries of

The Bank of Toledo v. the International Bank

Court of Appeals of the State of New York
Jun 1, 1860
21 N.Y. 542 (N.Y. 1860)
Case details for

The Bank of Toledo v. the International Bank

Case Details

Full title:THE BANK OF TOLEDO v . THE INTERNATIONAL BANK

Court:Court of Appeals of the State of New York

Date published: Jun 1, 1860

Citations

21 N.Y. 542 (N.Y. 1860)

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