40 N.Y.S. 1081 | N.Y. Sup. Ct. | 1896
. During the month of October, 1893, the plaintiffs, as co-partners, sold to the Mottville Paper Company, Limited, goods of the value of $69.14, which amount became due-on or before Lfovember 1, 1893, and which has never-been paid.
During all the times mentioned herein the defendants were trustees of said corporation. In each of the years 1892, 1893 and 1894 the defendant Ohatfield was elected secretary of -said corporation. Upon the occasion of the election in each of the first tWO' years,. and very likely upon the occasion of the election in the last year, he announced in substance that he -would not accept such office or act as such secretary, and as a matter of fact he never did act as-such officer or discharge the duties of such office. During all of
In the month of January in each of the years 1892, 1893 and 1894, the directors of the corporation made and properly filed a statement of the condition of said corporation. There was no dispute that the statement proper as prepared was in correct form or that it was subscribed by a majority of the directors. The question, as above suggested, arises upon the sufficiency of the verification of said reports. These respective verifications are in substantially the same form and in each case purport to be made by J. W. Brown as the president of the corporation. Plaintiffs urge that such verification was not a sufficient or proper compliance with the provisions of the statute in force at the timé said reports were made requiring that the same should be verified by the president and secretary or treasurer. The defendants insist that upon the facts in this case Brown was the secretary of the corporation and that, therefore, such verification was a sufficient compliance with such provisions.
I. think there. is still another difficulty with defendants’ theory of this case, and that even if the court had found that Brown was secretary of the corporation the- reports in question would not be sufficient or a proper compliance with the statutes in force. Those statutes required ■ that the verification should be made by certain officers, naming them. Those officers, were doubtless selected as the ones most apt to know about the affairs of the' corporation and whose verification Would be regarded as reliable.. The object of the statute doubtless was, not. only to require that a statement should be made and filed by the proper officers of the corporation, but also that such statement upon its face should bear the stamp of authenticity and reliability. To secure this latter qualification it would- be necesary, not only that the-reports should be as matter of fact' made by the proper officers, but also that they should show upon their face that 'they were so made. Creditors and other persons designed to be protected by these annual reports would gain little benefit from them if they did not show upon their face by whom they were made, even- though in fact they may have been made by the proper persons.
The reports which are assailed in this case purport to be verified only by Brown as president. There is no'thing upon their face to show that he had anything to do with or knew anything about the office of secretary. He makes the verification simply and solely as president and not at all as secretary, and to a stranger dealing with
If in this case the verification can be treated as a proper and sufficient verification by Brown as secretary simply because he was such secretary, and although that fact was not in any way disclosed by the report, then it would be just as proper to treat the verification as sufficient even though he had left out of it anything to show that he was president.
I think it would not be seriously contended that an affidavit simply made by J. W. Brown, not showing that he was any officer whatever of the company, would be held a compliance with the statute. And yet, as suggested, if the verifications in question can be treated as made by him as secretary without that fact being stated at all, then it would be just as proper to go one step further and hold that the verification would-be a sufficient verification by him as president although nothing was stated to show that he was such president.
The case of Novelty Manufacturing Co. v. Connell, 88 Hun, 254, cited by defendants, not only is not in conflict with the foregoing views, but seems rather to sustain them. That case held that where one person held two of the offices designated by the statute he need not make two separate verifications, one for each office, but might combine the verification in behalf of each office in one instrument. That certainly seems a reasonable doctrine, but in that case the officer making the verification explicitly stated therein and showed upon the face thereof that he did make it as the incumbent of each office, thereby complying with the statute.
The foregoing views lead me to the conclusion that plaintiffs should have judgment herein, with costs.
Judgment for plaintiffs, with costs.