In re Estate of Beard
Wyoming Supreme Court
Eeserved Questions from.the District Court for Laramie County. HoN. Charles W. Bramel, Judge of the Second Judicial District, presiding. This controversy arose in a proceeding in the matter of the estate of George L. Beard, deceased. The receiver of the Cheyenne National Bank sought to obtain an order requiring the administrator to pay as a preferred claim tbe amount due by reason of assessments made upon tbe bank stock held by the decedent.
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Eeserved Questions from.the District Court for Laramie County. HoN. Charles W. Bramel, Judge of the Second Judicial District, presiding. This controversy arose in a proceeding in the matter of the estate of George L. Beard, deceased. The receiver of the Cheyenne National Bank sought to obtain an order requiring the administrator to pay as a preferred claim tbe amount due by reason of assessments made upon tbe bank stock held by the decedent. Tbe Cheyenne National Bank closed its doors on account of insolvency November 13, 1891,' and a few days subsequently, George L. Beard, a stockholder and…
1Opinion of the Court
CoNAWAY, Chief Justioe.
The intestate left an estate insufficient to pay his debts in full. He was a stockholder in the Cheyenne National Bank, an insolvent corporation, now in the hands of Joel Ware Foster as receiver. Intestate was liable under the laws of the United States upon the subject of banking, for the debts of the corporation to an amount equal to the par value of his stock in the corporation. This liability survives against his estate. The amount is fixed by the judgment and decree of the United States Circuit *110Court: for the District of Wyoming at $6,139.93, and this amount is not…
2Cases cited2 opinions
- Wood v. DummerU.S. Circuit Court for the District of Maine · 1824
- Thompson v. Reno Savings BankNevada Supreme Court · 1885
3Cited by32 opinions
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- State v. O'DayOregon Supreme Court · 1902
- National Bank of Greece v. SavarikaMississippi Supreme Court · 1933
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