Read v. Johnson

213 Cal. 432 ·

Supreme Court of California · Filed

Published · citable

Holding

The court held that the action to enforce a deceased stockholder’s statutory liability could be maintained against the distributees of his estate after the administrator’s discharge, that the original indebtedness and not merely its later evidence in the form of promissory notes governed the liability’s creation, and that the superior court properly retained jurisdiction over the matter through the filing of an amended and supplemental complaint.

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