Seidel v. Shaw

The trial court, sitting without a jury, gave the state banking commissioner judgment against Seidel as the record holder on that date of fifteen $106 par value shares of stock in the defunct State Guaranty Bank of Goose Creek, pursuant to a 100 per cent, assessment such official had made against the same on May 17,.1926, at the same time denying Seidel’s plea by cross-action for a like recovery in his own behalf over against the appellee Thomas Wright, to whom he alleged he had transferred the stock on April 1, 1926, under the latter’s agreement to pay this assessment, as-well as all others…