Shriver v. Woodbine Savings Bank

Appellee, an Iowa banking corporation, brought suit in the courts of that State to enforce the personal liability of appellant, its stockholder, for an assessment made under the Iowa statutes, which provide for the restoration. of any impairment of capital of a bank,.by assessment pro rata of the stockholders. The case comes here on appeal, Jud. Code § 237, from a judgment of the Iowa Supreme Court sustaining the assessment and upholding the stat- . ute, which is assailed as infringing the contract and due process clauses of the Federal Constitution. 212 la. 196.

On different dates between…