Cannon v. Breckenridge Mercantile Co.

Wilson, _P. J.

This suit was brought to enforce the personal liability of directors for the debt of the corporation, because of a failure to file the annual report as required by statute. — Gen. Stats., sec. 252; Mills’ Ann. Stats., sec. 491. Neither the existence of the debt nor the liability of the corporation therefor is contested; and that it was incurred within the year preceding the *39time when the annual report should have been filed, is conceded. It is also admitted that the annual report was not filed within the sixty days from the first of January, nor indeed at any time before the…