Theodore S. Miller, as a Director of Hondur- American Cattle, Agricultural and Colonization Company, Appellant, v…

Summary

The New York Court of Appeals held that a director of a foreign corporation doing business in New York may bring an action under §§ 1781 and 1782 of the Code of Civil Procedure against former directors for accounting and restoration of misappropriated corporate funds, reversing the Appellate Division and affirming the Special Term.