James E. Blair and Bertha N. Blair v. Iron Mueller

BRATTON, Circuit Judge.

This case presents for determination the question whether in the factual circumstances hereinafter outlined, section 17-2806, General Statutes of Kansas 1949, rendered a director of a corporation organized under the laws of that state personally liable for a debt of the corporation incurred in connection with the acquisition of a radio and television station.

With an exception not having any present bearing, the statute forbids a corporation formed under the act to incur any debts until there has been filed in a specified county an affidavit of the treasurer of the…