White v. Cox

The defendants in the above-entitled actions, Killian, Colpoys and Elderfield, and the deceased, Thomas Cox, whose representative, Mary A. Cox, is a defendant, were all members of the group of directors and stockholders who attempted to rescue the East Side Bank of Niagara Falls from dissolution due to financial difficulties. One of the other members of the group who, like these defendants, was sued by -plaintiff for an assessment after liquidation, is the defendant in the action of White v. Bevilacqua (273 N. Y. 282).

That decision, constituting the highest authority in the State, compels the…