60 Barb. 648 | N.Y. Sup. Ct. | 1871
This action is not brought upon the theory that any statute has been violated by Mr. Drew receiving a portion of the property of the blew Jersey company. The statute of our State, in that regard, is inapplicable to a blew Jersey corporation.
The object .of this action is not the dissolution of the corporation; but it is to reach, in the hands of a person who has possession of it, some of the property of the corporation—the judgment debtor—-and subject it to the payment of the plaintiff’s judgment. This is a very common proceeding under a judgment creditor’s bill—which this in effect is—and is still allowable under the Code, (§ 142, Voorhies 10th ed. p. 175, note a.)
Osgood v. Laytin (5 Abb. N. S. 1,) has no application, being on the statute of this State.
I think the judgment should be affirmed.
Judgment affirmed.
Ingraham, P. J., and Cardon and Geo. G. Barnard, Justices.]