MacDonell v. Hines

1. This being a suit by a receiver of a corporation against certain subscribers to the capital stock of the corporation, to recover on their contracts of subscription, and it appearing from the petition that the suit was brought after the expiration of six years, and within twenty years from the accrual of the right of action, and it not appearing from the petition whether the contract sued on was a specialty, and therefore not barred by the statute of limitations (Civil Code of 1910, § 4359), or was a simple contract which was barred by the statute of limitations (Civil Code of 1910, §…