Opinion

Corning & Horner v. McCullough

  • 1 N.Y. 47
Court
New York Court of Appeals
Filed
Nov 5, 1847
Status
Published
Author
Bronson
On the bench
Bronson, Jones
Cited by
53 cases
Authority
More cited than 41.8%

The opinion

Bronson, J.

I concur fully in the opinion which has just been delivered by my brother Jones, and will add only a few words by way of explanation. This case was only brought before the Supreme Court

pro forma,

as the question had been previously decided in

Freeland

v.

McCullough,

1

Denio,

414 . That case was not fully argued; and when it was decided, one of the principles which had been settled in relation to this

*76

class of cases was entirely absent from my mind. Had it been mentioned or thought of, I could not have concurred, as I did, in the judgment which was rendered by the Supreme Court. It had been several times held, that the stockholders of this and other like companies, stood substantially upon the same footing as to liability as though they had been partners? or an unincorporated association; that they were answerable to the creditors of the company as original and principal debtors, though the creditors were first to exhaust their remedy against the corporation. ’

(Allen

vs.

Sewall,

2

Wend.

338

; Exparte Van Riper,

20

id.

614;

Moss

vs.

Oakley, 2 Hill

265, 269;

Bailey

vs. Banker, 3

id.

188;

Harger

vs.

McCullough, 2 Denio,

119, 123.) In this view of the matter it is entirely clear, that the three years statute of limitations is not applicable to the case. I am therefore of opinion that the judgment of the Supreme Court should be reversed, and that judgment should be rendered .for the plaintiffs on the demurrer.

Ordered accordingly.

Jewett, Ch. J. dissented.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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