Opinion

Stearns v. John H. Hibben Dry Goods Co.

  • 21 Ohio C.C. Dec. 270
Court
Ohio Circuit Courts
Filed
Dec 19, 1908
Status
Published
Author
Giffen
On the bench
Giffen, Smith, Swing
Cited by
0 cases

The opinion

GIFFEN, J.

The ruling of the superior court in general term upon a demurrer should, when the case is transferred to this court, be followed unless clearly erroneous..

The petition discloses no misrepresentation by the' board of directors upon which the plaintiff relied to his prejudice, nor the concealment by them of any fact not recorded in the minutes, which, on demand, were open to inspection by the plaintiff as a stockholder.

Whatever be the- nature of the trust created by the resolution of the board of directors.on January 10, 1898, it terminated on or before June 30, 1899, more than six years before the commencement of the action.

Although a demand was necessary before beginning the action, the failure to make demand did not suspend the operation of the statute of limitations. Howk v. Minnick, 19 Ohio St. 462 [ 2 Am. Rep. 413 ]; *277 Douglas v. Corry, 46 Ohio St. 349 [21 N. E. Rep. 440; 15 Am. St. Rep. 604 ]; Townsend v. Eichelberger, 51 Ohio St. 213 [38 N. E. Rep. 207].

Judgment affirmed.

Swing and Smith, JJ., concur.

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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