Hoover v. Galbraith

Opinion

McCOMB, J.

This is an action by a judgment creditor of a now defunct California corporation, Agriform Chemical Company, Inc., against the former directors to collect the debt represented by his judgment pursuant to the California Corporation Law (Corp. Code, § § 100-6804), 1 particularly sections 824, 826, and 5000. Defendants raise the single issue on appeal that the action is barred by the statute of limitations. They rely on section 359 of the Code of Civil Procedure which reads: “This title does not affect actions against directors or stockholders of a corporation, to recover a…