Legal Opinion
Faircloth v. McClister
Court of Appeals for the Third Circuit
Decided July 23, 1937No. 6454PublishedCited by 1 opinion
1Opinion of the Court
BIGGS, Circuit Judge.
The plaintiff-appellant, Charles A. Fair-cloth, is the receiver of the Chelsea-Second National Bank & Trust Company of Atlantic City, a national bank which was declared insolvent by the Comptroller of the Currency upon January 27, 1933. Pursuant to authority vested in him by law, the Comptroller on February 27, 1933, made an assessment upon shareholders of an amount equal to the par value of the stock of the bank held by each. Among those assessed is the appellee, Alice C. McClister. The suit at bar. is brought to collect the assessment.
The facts are as follows: Mrs.…
2Cases cited5 opinions
- Blackmore v. WoodwardCourt of Appeals for the Sixth Circuit · 1895
- Schlener v. DavisCourt of Appeals for the Fifth Circuit · 1935
- Hinger v. HngerCourt of Chancery of Delaware · 1929
- Equitable Trust Co. v. PennettoCourt of Chancery of Delaware · 1928
- Alexander v. DeverCourt of Appeals of Georgia · 1918
3Cited by1 opinion
- Favini v. Van DykeCourt of Appeals for the Third Circuit · 1940