Clark v. City of San Francisco
Clark v. City of San Francisco
Opinion of the Court
Plaintiffs ask judgment that the City and County pay to them three-eighths of the moneys assessed as the value of certain outside lands taken for a public park. The case shows that plaintiffs had no claim delineated on the “ Outside Land Map,” and were therefore not within the category of those recognized by the ordinances and statutes relating to the lands in which they now assert a right. It further appears that the lands were delineated on the map at the request and in the name of a
Under these circumstances it is obvious that plaintiffs have no claim against the City and County.
Uor does the record show a case against the other defendants. Assuming (as is claimed by plaintiffs) that the corporation was dissolved by the expiration of the period of its existence as declared in the articles, the persons who were its directors at the time of the dissolution continued as trustees of the creditors and stockholders, with full power to settle the affairs of the corporation, to collect and pay the outstanding debts, and divide among the stockholders the moneys and other property remaining after the payment of the debts and necessary expenses. (1 Hittell’s General Laws, arts. 761—2.) And if the places in the Board of Trustees became vacant, or plaintiffs were dissatisfied with the Trustees, (after the dissolution) they could have had Trustees appointed. (Ibid., art. 763.) After the dissolution such Trustees were necessary parties to any action affecting the rights or interests of the late corporation in property, real or personal. If the deeds made by Rowell and Flanagan, “ pretending to act as President and Secretary,” were void, the Trustees could complain, because the lands attempted to be conveyed were still the lands of tile corporation, or of themselves, by operation of law, successors to the legal title in trust for the stockholders.
The plaintiffs, as individuals, have no legal estate in the lands which they conveyed to the corporation. If, as stockholders, they could have commenced proceedings by bill to have the deeds executed by Rowell and Flanagan set aside, and to have the property of the late corporation properly applied and distributed, the trustees, representing the. stockholders in the late corporation, would have been necessary parties to such proceedings, without whom no final decree could have been entered.
Judgment and order affirmed.
Reference
- Full Case Name
- MARTIN CLARK, Administrator of the Estate of W. P. C. WHITING, s. v. CITY AND COUNTY OF SAN FRANCISCOs.
- Cited By
- 3 cases
- Status
- Published
- Syllabus
- Ejectment for Outside Lands.—The C. H. and R. Association made application to the Board of Supervisors of San Francisco for a parcel of the outside lands, under the ordinances of the City and County, and statutes of the State, applicable to the disposition of such lands; caused its claim to be delineated on the “Outside Land Map,” paid the assessments and taxes thereon, and proved its right and possession to the satisfaction of the Board! A portion of the land claimed was taken for a park, under the ordinances and statutes aforesaid. The plaintiffs had themselves previously conveyed to the association. Held, that plaintiffs, who now claim an interest in the land awarded to the C. H. and R. A., but who made no application to the Supervisors, nor notified the Board of their claim—who did not have then- claim delineated on the map, nor pay any assessments or taxes—cannot maintain an action against the City and County of San Francisco for a part of the assessed value of the land so taken for the park. Corporation—Directors after Dissolution.—Prior to the Codes, when a corporation was dissolved, the directors continued to be trustees of the creditors and stockholders for certain purposes, or in case the directors died subsequent to the dissolution, the District Court could appoint new trustees for like purposes; such trustees were necessary parties to an action affecting the property of the corporation, without whose presence as parties the legal title of the corporation to real estate could not be transferred, its affairs settled, or its property distributed.