Kirschler v. Wainwright
Supreme Court of Pennsylvania
Appeal, No. 134, Oct. T., 1916, by defendants, from judgment of O. P. Allegheny Co., July Term, 1914, No. 1325, on verdict for plaintiff in case of Charles F. Kirschler, Receiver of the Traders’ & Mechanics’ Bank, a corporation, v. Samuel J. Wainwright and Charles P. Walker, Partners doing business as Walker & Wainwright, amended by the substitution of The Colonial Trust Company as Administrator of the Estate of Charles P. Walker, deceased.
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Appeal, No. 134, Oct. T., 1916, by defendants, from judgment of O. P. Allegheny Co., July Term, 1914, No. 1325, on verdict for plaintiff in case of Charles F. Kirschler, Receiver of the Traders’ & Mechanics’ Bank, a corporation, v. Samuel J. Wainwright and Charles P. Walker, Partners doing business as Walker & Wainwright, amended by the substitution of The Colonial Trust Company as Administrator of the Estate of Charles P. Walker, deceased. Assumpsit on statutory liability of stockholders of a bank. The facts appear in the opinion of the Supreme Court. Verdict for plaintiff for $15,015 by…
1Opinion of the Court
Opinion by
Mr. Justice Moschziskeb,
This action was instituted by Charles F. Kirschler, as Receiver of the Traders’ & Mechanics’ Bank, a corporation under the laws of Pennsylvania, against Samuel J. Wainwright and Charles P. Walker, copartners doing business as Walker & Wainwright; Mr. Walker died and the record was amended by substituting his administrator as a defendant; the suit was in assumpsit to recover against the defendants on their liability as stockholders of the plaintiff corporation, under the special Act of March 11,1872, P. L. 324, incorporating the Odd Fellows Savings Bank, the…
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