State Bank of Rock Valley v. Andrews
New York Court of Common Pleas
Appeal from city court, general term. Action by the State Bank of Rock Valley against Wallace 0. Andrews to recover the amount of an indebtedness due plaintiff by the American Loan & Trust Company, of which defendant was a director. From a judgment of the general term of the city court (18 N. Y. Supp. 167) affirming a judgment for plaintiff entered on the decision of a demurrer to the complaint, defendant appeals. Affirmed.
1Opinion of the CourtBischoff, J.
The complaint alleges that plaintiff is a corporation created under the laws of the state of Iowa, and that the American Loan & Trust Company was chartered by the legislature of the state of New York; that the latter corporation is indebted to the former for money deposited, which it failed to repay after due demand, in the sum of $1,478.13; that the American Loan & Trust Company has suspended business, and been placed in the hands of a receiver for liquidation and dissolution; that its charter, among other things, provided that “ every director shall be personally liable for all debts…
2Cases cited2 opinions
- Stephens v. . FoxNew York Court of Appeals · 1881
- Allen v. . ClarkNew York Court of Appeals · 1888
3Cited by5 opinions
- Rose v. ChadwickAppellate Division of the Supreme Court of the State of New York · 1896
- Strauss v. TrotterNew York Court of Common Pleas · 1893
- Merritt v. GoodrichNew York Court of Common Pleas · 1893
- Rose v. ChadwickAppellate Division of the Supreme Court of the State of New York · 1896
- State Bank v. AndrewsNew York Court of Common Pleas · 1893