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NEW ENGLAND BOX CO. v. GILBERT

No. 4485.

100 N.H. 257 (1956)

NEW ENGLAND BOX COMPANY v. WALTER W. GILBERT & a.

Supreme Court of New Hampshire.

Decided July 6, 1956.

Attorney(s) appearing for the Case

Cooper, Hall & Cooper and John M. Brant (Mr. Brant orally), for the plaintiff.

Richard C. Duncan (by brief and orally), for the defendants.

KENISON, C. J.

An officer or director of a corporation is not personally liable for a conversion committed by the corporation or one of its officers merely by virtue of the office or directorship which he holds in the corporation. Refrigeration Discount Corp. v. Catino, 330 Mass. 230. An officer or director is personally liable for a conversion committed by the corporation only if he participates in the conversion...

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