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Murphy v. Meyer
154 Misc. 341
N.Y. App. Term.
1934
Check Treatment
Per Curiam.

Plaintiff in the bankruptcy proceeding exhausted his remedies to the portion of his compensation allowed as a general claim, and as to such portion action against the bankrupt corporation was barred and it was impossible to perform the condition precedent of section 73 of the Stock Corporation Law, of proceeding to judgment and execution before bringing action against the stockholder. As the facts alleged are sufficient to sustain part of the damages claimed, defendant was not entitled to a dismissal of the complaint.

Order reversed, with ten dollars costs and disbursements, and motion denied.

All concur; present, Lydon, Hammer and Frankenthaler, JJ.

Case Details

Case Name: Murphy v. Meyer
Court Name: Appellate Terms of the Supreme Court of New York
Date Published: Dec 26, 1934
Citation: 154 Misc. 341
Court Abbreviation: N.Y. App. Term.
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