Legal Opinion
Continental Illinois Nat. Bank & Trust Co. v. Best
District Court, S.D. New York
Decided July 12, 1937PublishedCited by 1 opinion
1Opinion of the Court
COXE, District Judge.
These are motions by certain of the defendants to dismiss the amended complaint on the ground that it appears upon its face that the action is barred by limitation.
The action is in equity to enforce double liability against stockholders of Peoples 'Trust & Savings Bank, an Illinois banking institution; and it is insisted by the defendants that the action was not commenced within three years after the cause of action accrued as required by section 49, subdivision 4, of the New York Civil Practice Act.
The complaint alleges that the plaintiff loaned $16,421,642.48 to the…
2Cases cited24 opinions
- Platt v. WilmotSupreme Court of the United States · 1904
- Benedict v. City of New YorkSupreme Court of the United States · 1919
- Sanders v. Merchants State BankIllinois Supreme Court · 1932
- Heine v. DegenIllinois Supreme Court · 1935
- Hogan v. AkinIllinois Supreme Court · 1899
19 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- White v. GovatosSuperior Court of Delaware · 1939