STORER v. RIPLEY


12 Misc.2d 466 (1957)

Douglas F. Storer, Plaintiff, v. Douglas Ripley et al., Defendants.

Supreme Court, Westchester County.

December 19, 1957.


Attorney(s) appearing for the Case

Goldwater & Flynn for plaintiff.

Robert J. Hyland, Jr., defendant in person, and for Robert J. Hyland, Sr., defendant.

Fennelly, Eagan, Nager & Lage for Douglas Ripley, defendant.


ELBERT T. GALLAGHER, J.

As a corporation's creditor, plaintiff has brought this action under section 59 of the Stock Corporation Law against officers and directors of the corporation to recover the amounts of loans made by the corporation to its stockholders. Plaintiff commenced action on his claim against the corporation in 1951, and judgment was docketed thereon May 25, 1954. The loans in question were made...

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