Neilson

This action is brought against the defendants for their proportion of the indebtedness of the “ Central Polynesian Land and Commercial Company,” a corporation of which the defendants are alleged to have been stockholders at the time the indebtedness accrued.

The answers of the defendants denied all the allegations of the complaint.

At the trial the plaintiff offered the books of the corporation—its ledger, journal, book of resolutions and transfers—for the purpose of proving the state of the accounts between the corporation and the plaintiff. To the introduction of these books for that purpose the defendants objected upon several grounds—among others, upon the ground “ that the mere fact of indebtedness being entered, or purporting to be entered, on the books of the company, is not evidence against the defendants of an indebtedness, as it is the mere declaration of the company, etc.” The objection was overruled, and a portion of the ledger book of the corporation, purporting to show the indebtedness of the corporation, was read in evidence, and the defendants reserved an exception to the ruling of the Court.

*249 In the action of the Court below in this respect we think there…