Stiefel v. Berlin

The point raised by the defendants that this action is controlled by National Bank v. Dillingham, 147 N. Y. 603, because all the creditors of the limited partnership are not parties to the action, is not well taken. The statute upon which that action was brought provides that the directors of a stock corporation “ consenting to the creation of any such debt shall be personally liable to the creditors of the corporation,” while the statute relating to limited partnerships provides that a transfer like the one shown on the trial of this action “ shall be void as against the creditors of such…