Legal Opinion

Adams v. Wallace

Appellate Division of the Supreme Court of the State of New York

Decided July 1, 1903PublishedCited by 3 opinions

Appeal by the defendant, Latimer A. Wallace, from an inters locutory judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 17th day of Hovember, 1902, upon the decision of the court, rendered after a trial at the New York Special Term, sustaining the plaintiff’s demurrer to certain defenses contained in the said defendant’s answer. '

1Opinion of the Court

Patteksou, J.:

This appeal is from an interlocutory judgment sustaining a. demurrer to defenses set up in the answer of .the. defendant Wallace. The question in thé case is: Does the limitation of time within which an action must be brought, as provided in section 55 of the Stock Corporation Law of 1892, apply to a full liability business corporation? There aré three'statutes affecting this question, and which must be considered in deciding-it. They are, the General Corporation Law (General Laws, chap. 35), the Stock Corporation Law (General Laws, chap. 36) and the Business Corporations Law…

2Cases cited1 opinion

  1. Walton v. . CoeNew York Court of Appeals · 1888

3Cited by3 opinions

  1. Sanford v. RhoadsAppellate Division of the Supreme Court of the State of New York · 1906
  2. Leighton v. Leighton Lea Ass'nNew York Supreme Court · 1909
  3. Adams v. SlingerlandAppellate Division of the Supreme Court of the State of New York · 1903

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