Benedict v. Anderson

HICKS, Circuit Judge.

Action by appellee, as receiver, to recover $18,000, the unpaid portion of a hundred per cent, par value assessment totaling $24,000 levied July 14, 1930, by the acting comptroller of the currency against appellant by reason of his record ownership of 240 shares of the stock of the insolvent First National Bank of.St. Petersburg, Fla. Appellant admitted liability upon 90 shares, paying $6,000 thereon, but denied liability upon the remaining 150 shares. The ease was tried to the court without the intervention of a jury and appellee recovered. The facts are undisputed.

The…