Andrews v. Sams

This is an appeal from a decree sustaining a plea of the statute of limitations, and we must decide when the cause of action alleged in the amended bill of complaint accrued.

The decree was based on the facts as alleged in the bill, the exhibits attached thereto, and the respondent’s deposition. Centreville Concrete Corporation was incorporated in October 1977. Complainants John Andrews and his wife Helen owned half the 300 shares of stock, and Thomas C. Conrath owned the other half. Respondent William David Sams served as president and as a member of the board of directors.

In March 1978, Sams…