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22 Wend. 9

Thomas v. Dakin

New York Supreme Court

Decided October 15, 1839

New York Supreme Court · decided 1839-10-15

General Banking Law. This was an action brought by Anson Thomas, as president of an association called The Bank of Central New-York, formed under the act to authorize “ the business of banking,” passed 18th April, 1838, for the recovery of three bills of exchange, drawn by the defendant and discounted by that bank. The defendant demurred to the declaration, which commenced in these words : “ St'. Lawrence county, ss.

Good law ✅— No negative treatment on recordhow we know

Decided 1839-10-15

How this case has been cited

Cited by 23 later decisions (1 by the Supreme Court) — most recently March 1938

1 federal appellate · 20 state decisions

5018391840185018601870188018901900191019201930decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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By Bronson, J.

¶1I concur fully in the opinions expressed by my brethren, that associations formed under the general banking law are corporations, and that the assent of two-thirds of all the members elected to each branch of the legislature was necessary to the passing of the act. But, as at present advised, I cannot concur in the opinion that the legislature has the constitutional power, although two-thirds may assent, to provide by a general law for the creation of an indefinite number of corporations at the pleasure of any persons who may associate forth at purpose.

¶2It was conceded on the argument, that the demurrer does not reach the objection that the act was not passed by a two-thirds vote ; and I have not, therefore, considered the question whether we can look beyond the statute book. A plea may render it necessary for us to pass upon that -question.

¶3Judgment for plaintiff

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