Snider v. United Banking & Trust Co.

The demurrer admits all the well-pleaded allegations of the petition. It sufficiently appears therefore that the United Banking & Trust Company has become the sole creditor of the Ohio Trust Company. By virtue of the constitutional provision, any creditor of a corporation authorized to receive money on deposit has a valid claim against any stockholder of such corporation to the extent of the amount of the stock of such stockholder. It has been held by this court in Lang v. Osborn Bank, 100 Ohio St., 51, 125 N. E., 105, and Allen v. Scott, Supt. of Banks, 104 Ohio St., 436, 135 N. E., 683,…