Reuschlein v. Meier

It is claimed by the appellants that the court erred in refusing to order the liquidating dividend paid to stockholders who were also depositors and in refusing to order the stockholders’ assessment account credited on the statutory assessment. No question is raised as to the validity of either the statutory or the voluntary assessment. It is claimed on the part of the appellants that, under the circumstances of this case, the sums collected on the voluntary assessment remained the property' of the stockholders so paying said voluntary assessment and should be applied to their credit on the…