Page images
PDF
EPUB
[blocks in formation]

Williamson v. State............ • Burglary................

Wineburgh v. United States etc.

Advertising Co........

.....

...

192 Pa. St. 237. 803

74 Minn. 118.. 334 39 Tex. Cr. Rep. 60.......... 901

Corporations....... 173 Mass. 60.......... 261

Wonderly v. Lafayette County....Judgments......... 150 Mo. 635 .... 474 Wood's Sons Co. v. Schaefer......Neg. Instruments... 173 Mass. 443.. 305

Yoder v. Haworth....

Sales......

Neb. 150... 496

[merged small][ocr errors][merged small][ocr errors]
[merged small][merged small][merged small][ocr errors][merged small][merged small][merged small]

LIMITATIONS OF ACTIONS-CONTRACT WITH CORPORATION-SHAREHOLDER'S LIABILITY.-If a corporation employs an attorney at law to defend an action brought against it, its liability upon the contract is "created" when the services have been fully performed, and not at the time of the employment. Hence, where the liability of a shareholder in such corporation is dependent, under the statute, upon the amount of stock owned by him at the time the liability was "incurred," the liability of one who was a stockholder when the services in question were rendered, is not barred by the statute of limitations until the expiration of the statutory period from the time that the liability was created.

Garret W. McEnerney and T. J. Sheridan, for the appellant. M. S. Sayre, for the respondent.

HENSHAW, J. Plaintiff, by appropriate allegations, sought to enforce a liability against the Bank of Lake, as a stockholder of the Lakeport Agricultural Park Association. By his first cause of action he charged for the value of his services as an attorney at law, rendered to the association at its request, in defense of an action in which it was a defendant, “in consideration of which the Lakeport Agricultural Association promised, undertook, and agreed to pay the plaintiff the reasonable value of the said services whenever thereto requested." The second cause of action charged for moneys expended by plaintiff for the association at its request and under its promise of repayment. The third cause of action was for the value of the

AM. ST. REP., VOL LXXIII-2 (17)

« PreviousContinue »