New York Court of Appeals
Thomas F. Mason, as Receiver of the Widows and Orphans’ Benefit Life Insurance Company, Appellant v. Lydia Delphine…
April 20, 1897152 N.Y. 529
Summary
The New York Court of Appeals affirmed the lower court's order, holding that the receiver's action to compel an accounting was barred by the six‑year statute of limitations because the cause of action accrued at the time of the fraudulent misapplication, not at the receiver's appointment.