The New-York and New Haven R.R. v. . Schuyler, Cross, C.

New York Court of Appeals · Decided 1858-06-05

Cited by 115 later decision(s) in our corpus · see the citation network in Lexace

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Comstock, J. This case is somewhat special and extraordinary in its circumstances, and must be determined upon principles of reason and justice, with the aid of such analogies as the law will afford. It is well settled that the directors or managers of a corporation are trustees for the holders of its stock. It is on this ground that the shareholders are enti…

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