Hall v. Crandall
California Supreme Court
Appeal from the District Court, Fourteenth Judicial District, Placer County. The action was brought on the following promissory note : “ Auburn, April 1st, 1863. “Eight months from date, for value received, the Auburn Turnpike Company promise to pay Hall & Allen, at their banking house in Auburn, in gold coin currency of the United States, three thousand two hundred and four dollars, with interest at two per cent per month from date until paid.
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Appeal from the District Court, Fourteenth Judicial District, Placer County. The action was brought on the following promissory note : “ Auburn, April 1st, 1863. “Eight months from date, for value received, the Auburn Turnpike Company promise to pay Hall & Allen, at their banking house in Auburn, in gold coin currency of the United States, three thousand two hundred and four dollars, with interest at two per cent per month from date until paid. The above indebtedness is subject to a claim held by Marriner and Willard of $5,500. “ J. E. Crandall, “ President. “ E. M. Banvard, Secretary.…
1Opinion of the Court
By the Court, Sanderson, J.
The note in suit is the same which was sued upon in Hall et al. v. The Auburn Turnpike Company, 27 Cal. 255. For reasons there stated we held that the note was not binding upon the company. It is now sought by this action to hold the Directors of the company personally liable.
It is claimed that the defendants are liable: first—because the nineteenth section of the Act under which the company was incorporated so provides; and second—because they are made liable by the common law.
We are of the opinion that the second point cannot be sustained, for the reason that the…
2Cases cited6 opinions
- Davidson v. DallasCalifornia Supreme Court · 1857
- Sayre v. NicholsCalifornia Supreme Court · 1857
- Hall v. Auburn Turnpike Co.California Supreme Court · 1865
- Ellis v. PolhemusCalifornia Supreme Court · 1865
- Haskell v. CornishCalifornia Supreme Court · 1859
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Heffron v. PollardTexas Supreme Court · 1889
- Anderson v. AdamsOregon Supreme Court · 1903
- Leroy v. Jacobosky.Supreme Court of North Carolina · 1904
- Blanchard v. KaullCalifornia Supreme Court · 1872
- Farmers' & Mechanics' Bank of Savings v. ColbyCalifornia Supreme Court · 1883
11 more not listed; retrieve them via the Exa API.