Printable Format17-807.
History: G.S. 1868, ch. 23, § 40; L. 1883, ch. 46, § 1; R.S. 1923, 17-807; Repealed, L. 1939, ch. 152, § 154; June 30.
CASE ANNOTATIONS
1. Suspension of business for one year; shareholder's liability to creditors. Dawson v. Sholley, 4 Kan. App. 367, 371, 45 P. 949; Krieder v. Coley, 7 Kan. App. 349, 350, 51 P. 919; Fox v. Bank, 9 Kan. App. 18, 24, 57 P. 241; Bank v. King, 60 Kan. 733, 735, 57 P. 952; Brigham v. Nathan, 62 Kan. 243, 246, 62 P. 319; Abernathy v. Loftus, 95 Kan. 87, 147 P. 818.
2. Stockholder not liable until execution on judgment returned nulla bona. Merrill v. Meade, 6 Kan. App. 620, 622, 49 P. 787.
3. Stockholders of bank, suspending business one year, liable to creditors. Sterne v. Atherton, 7 Kan. App. 20, 51 P. 791.
4. Suspension one year; corporation dissolved only as to creditors. Jones v. Edson, 10 Kan. App. 110, 112, 62 P. 249.
5. Involuntary suspension, by possession of bank commissioner; suspension under statute. Crocker v. Ball, 10 Kan. App. 364, 59 P. 691.
6. Action to dissolve corporation brought by stockholder. Roller v. Snodgrass, 14 Kan. 583.
7. Corporation inactive nineteen years; quo warranto proceedings maintained. The State, ex rel., v. Pipher, 28 Kan. 127.
8. Stockholders not defendants in action against corporation until after dissolution. Bank v. Sewing Society, 28 Kan. 423.
9. Stockholders estopped from relief because of defective organization. Aultman v. Waddle, 40 Kan. 195, 19 P. 730.
10. Ceasing business more than year; dissolved only as to creditors. Sleeper v. Norris, 59 Kan. 555, 53 P. 757.
11. Section cited in considering individual liability of stockholder. Thompson v. Pfeiffer, 60 Kan. 409, 410, 423, 56 P. 763.
12. Action may be commenced any time after expiration of year. Elevator Co. v. Whitbeck, 63 Kan. 102, 104, 64 P. 984.
13. Stockholders' liability on judgment; dissolution of corporation; election of remedies. Remington v. Hudson, 64 Kan. 43, 45, 67 P. 636.
14. Right of action accrues when corporation dissolved. McHale v. Moore, 66 Kan. 267, 269, 71 P. 522.
15. Suspension of business defined. Jones v. Slonecker, 66 Kan. 286, 290, 71 P. 573.
16. Section not obnoxious to state constitution; held valid. Manley v. Mayer, 68 Kan. 377, 387, 75 P. 550.
17. Extent of stockholders' liability in action for tort. Henley v. Myers, 76 Kan. 723, 736, 93 P. 168, 93 P. 173. Affirmed: Henley v. Myers, 215 U.S. 319, 30 S. Ct. 148, 54 L. Ed. 240.
18. Section cited in considering power of legislature to dissolve corporation. Razor Co. v. Guymon, 110 Kan. 745, 747, 205 P. 635.
19. Changing mode of effecting stockholders' liability; not unconstitutional. Henley v. Myers, 215 U.S. 373, 379, 30 S. Ct. 148, 54 L. Ed. 240.
20. Closing of bank by commissioner does not necessarily work dissolution. Kansas State Bank v. Atchison, T.&S.F. Rly. Co., 122 Kan. 77, 79, 251 P. 188.
21. Attorney general may bring receivership action against insurance company; when. State, ex rel., v. Bank Savings Life Ins. Co., 142 Kan. 899, 906, 52 P.2d 639.