Legal Opinion
Straus v. Sage
New York Court of Common Pleas
Decided November 5, 1894PublishedCited by 1 opinion
Appeal from special term. Action by Lazarus Straus and others against Warren Sage and others to charge defendants, as trustees of the Manhattan Athletic Club, with corporate debts. From an interlocutory judgment entered on an order sustaining a demurrer to the complaint interposed by defendant Sage, plaintiffs appeal. Reversed.
1Opinion of the CourtBischoff, J.
The action is brought upon the promissory note of the Manhattan Athletic Club,—a corporation organized under chapter 267 of the Laws of 1875,—dated October 10, 1892, and payable to the order of the plaintiffs four months after date, to enforce the liability of the defendant (respondent) as a trustee of the club, under the following provisions of the act above mentioned, to wit:
“Sec. 8. The trustees, directors or managers of any society or corporation organized under the provisions of this act, shall be jointly or severally liable for all the debts due from said society, or corporation,…
2Cases cited2 opinions
- Straus v. SageNew York Court of Common Pleas · 1893
- Metzger v. CarrNew York Supreme Court · 1894