New York Court of Appeals

Lucia R. Bosley, Respondent v. the National MacHine Company, Appellants

December 2, 1890123 N.Y. 550

Summary

The Court affirmed the judgment, holding that the six‑year statute of limitations under the Code of Civil Procedure does not bar the plaintiff's equitable action for rescission of a stock subscription obtained by fraud, that such an equitable action is available, and that the defendants' joint exception to the trial court's conclusions of law is unavailable.