Mitchell v. Hotchkiss
Supreme Court of Connecticut
Action on the case, under the statute (Gen. Statutes, p. 280, sec. 18,) to recover of tlie defendant, president of a joint stock corporation, a debt due from the corporation; brought to the Court of Common Pleas of New London County.
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Action on the case, under the statute (Gen. Statutes, p. 280, sec. 18,) to recover of tlie defendant, president of a joint stock corporation, a debt due from the corporation; brought to the Court of Common Pleas of New London County. The declaration alleged that the defendant, on the first day of July, 1875, was and ever since had been the president of the Star Tool Company, a joint stock corporation organized under the laws of this state and located in the town of Middletown in this state; that by!:the statutes of this state it became and was his duty as such president annually on or before…
1Opinion of the CourtLoomis, J.
This action was originally brought by the plaintiffs, as creditors of “The Star Tool Company,” a joint stock corporation located at Middletown in this state, against Julius Hotchkiss, then in life but since deceased, to recover the amount of their debt contracted during the period that Hotchkiss as president of the corporation intentionally neg*16lected to comply with the statutory requirements as to filing with the town clerk of Middletown certain certificates showing the condition of the affairs of the corporation. For the purposes of this case it is conceded that Hotchkiss had by his neglect…
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