Union Sav. Bank of San Jose v. Leiter
California Supreme Court
The facts are stated in the opinion of the court.
1ConcurrenceBeatty, C. J.
I concur in the judgment ■and generally in the opinion of the court. As to the effect of the call or assessment of October 27, 1899, if a cause of action had accrued to the corporation by reason of the call alone, I think the statute of limitations would have commenced runming at the date of delinquency fixed by the resolution, and if it had once commenced running I do not think the subse■quent rescission of the call would have extended the time for commencing the action. But it requires something more than, a mere call to establish a right of action under the statute. The call must be…
2Cases cited2 opinions
- Bank of National City v. JohnstonCalifornia Supreme Court · 1901
- Bank of National City v. JohnstonCalifornia Supreme Court · 1900