The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
The o*8« of Coll & as v, Celdwell, 25 Fed* (24) 329, does not
involve a holvHnj, company*
holders- Atrifcla IJa'blir
This ease involves a milt to enforce stockIi
I •a%iMM3 bank*
The c o n t e n t i o n ,
woa{ others, isms aMft tn^t osrt&in stockholders were not owners of
the stock of the bunk1 a^d tho faots involved in sueh contention are
set out concisely in. tb« opisios i l
+
he sourt holdifi;-; that sueh stock-
holders w r e fu.'bj©et to ths i>H%1i liability»
as follows?
eoatentton is a»de as to Mrs. Love joy
and &r»*« Mitchell that they io not appear on the
books of tfci bank «• owners of the stock. The
100 shares ©f whioh K>S» LoveJoy i s alleged t© be
the ©usaer stand in the naK>« of her deceased hatband*
Chll© there is ao proof »$ %i th@ MMMf ©f .H«sr aeiaition, 'h#r otsn«rsfeip Is wot seriously disputed,
and thare s h e a r s in the reeord n l e t t e r from her
to the Comptroller, in whloh ahe states herself to
be the ow^er*
Ther§ is nothing to offset t h i s ,
and i t in ©ouelusive.
?h© proof i s eonolusiv®
that Krs« Vltohell became the ©wn@r of th* stock
alleged to be hers «si«r the last will of her de-
I t is apparent, froc tb© facts stet®d, tMt th«« stockholders
were owners of MM §*••> if th© national bank and there is nothing in
this ease which h»s a b#arl:c
-^ueetian ^h^thsr the holder ©f
stock of a l u l l l l f complin;*? is subject be the doable l i a b i l i t y of th#
stoek of » iNMUl h**l :
hti holding
@FedFRASER