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Entered according to act of Congress, in the year eighteen hundred and eighty-one,
BY WILLIAM GOULD & SON,
THE ARGUS COMPANY,
ALBANY, N. Y.
Fielding agt. Lucas et al. ...... 134 Abrahams agt. Bensen..... 208 First National Bank agt. Fourth Achelis agt. Kalman. 491 National Bank..,
436 Adams agt. Ward....
288 Firth et al agt. Roe..... 432 Association for the Relief of Fleishhauer agt. Doellner.. 438 Aged Indigent Females agt. Frankel agt. Elias......
9 Freeman agt. Smith et al....... 311 Auerbach agt. New York Central and Hudson River Rail
G. road Company.....
Grocers' Bank agt. Murphy.... 426 Baker agt. Van Epps.......... 79 Bliven agt. Peru Steel and Iron
280 Blunt agt. The Mayor.....
Havemeyer agt. Fuller........ 316
Hebron Society agt. Schoen... 185 Burnham agt. Brennan. 310
18 Jackson agt. Keon........... 103 Checkley agt. Providence and Johnston Harvester Company Stonington Steamship Com- agt. Meinhardt.....
168 pany..... 510 Jones agt. Platt....
73 Clark agt. Bone.. 98 Jones agt. Platt..
277 Clarkson et al agt. Manson.... 45 Clegg agt. American Newspaper
498 Kelly agt. Sheehy et al........ 439 Conley agt. Petrie et al. 299 Kennedy agt. Kennedy.... 151 Crook agt. Findley..... 875 Kerrison agt. Kerrison... 51 D.
Little et al agt. Coyle et al ..... 76
Livermore agt. Berdell........ 308 E. Ellison agt. Bernstein ......... 145
M. Equitable Life Assurance So
Mahon agt. Smith...
385 ciety agt. Schermerhorn..... 477 Marston agt. Herbert.
490 Everson agt. Powers.... 166 Masten agt. Olcott.
105 Masten agt. Webb.
302 E Matter of Benson...
314 Fallon agt. Durant...
178 Matter of Ketchum's ApplicaFeerick agt. Conner... 506 tion......
Pattison ex rel. agt. O'Connor.. 144
206 The People ex rel. Higgins agt.
Prentiss agt. Livingston et al.., 380 The People ex rel. Murphy agt.
Ryle agt. Falk.....
Sollinger agt. Earle..
116 Wiley agt. Arnoux............ 137
THE PEOPLE OF THE STATE OF NEW YORK agt. WILLIAM
FONTAINE BRUFF, THE BROOKLYN ELEVATED RAILWAY COMPANY and others.
Action against directors, &c., of a corporation for misconduct — By whom
action to be brought — When attorney-general must bring action - Power of the court to appoint a receiver - Practice — Code of Civil Procedure, sections 1781, 1782, 1808, 1810.
The attorney-general, in behalf of the people of the state, may maintain
an action “ against one or more trustees, directors, managers or other officers of a corporation to procure a judgment * * compelling the defendants to account for their official conduct in the management and disposition of the funds and property committed to their charge,” and "compelling them to pay the corporation which they represent, or its creditors, any money, and the value of any property which they have acquired to themselves, or transferred to others, or lost or wasted, by a violation of their duties," and "suspending a defendant from exercising his office when it appears that he has abused his trust" (Code of Civil
Procedure, sections 1781, 1782). By section 1808 of the Code of Civil Procedure the attorney-general “must
bring an action” for the purposes just enumerated, “if, in his opinion, the public interests require that an action should be brought;” and by section 1810, in an action brought for the objects specified, by the attorney-general, the court has power to appoint a receiver of the prop
erty of the corporation. When the president of a railroad company makes a contract with himself
for the construction of a railway; when he obtains all the securities, stock and bonds under the pretense of paying the nominal contractor; when as chief engineer he makes to himself as contractor certificates of work done, and then as president pays himself many hundred thousand dollars in advance of what the nominal contractor was entitled to receive under the contract for construction, ample cause is shown for the appointment of a receiver, and the command of the statute to the attorney-general that he “must bring an action," becomes imperative.