Coombes v. Getz

This is a suit brought in a California superior court by petitioner, on behalf of himself and other creditors,( to recover from respondent, a director in Getz Bros. & Company, a California corporation, the'amount of an indebtedness upon an open account for goods sold to the corporation by petitioner’s assignor. The basis of the liability sought to be enforced is found in the following provision of | 3, Art. XII, of the California Constitution of 1879:

“ The directors or trustees of corporations and joint-stock associations shall be jointly and severally liable to *440the creditors and stockholders…