Lally v. Anderson

This is an appeal from an order dismissing a proceeding supplemental to execution.

The facts which will present the question here for determination may be summarized as follows: The Exchange National Bank of Spokane closed its doors sometime in January, 1929. The comptroller of the currency appointed a receiver, who, subsequently, levied upon the stockholders a superadded liability assessment of one hundred per cent of the par value of the stock. One J. A. Anderson was the holder of one hundred seventy shares, and his assessment was $17,000, $4,000 of which he thereafter paid.

Shortly before…