Squire v. Merriam

— Plaintiff, as Superintendent of Banks in charge of the liquidation of the business and property of The Guardian Trust Company and The Union Trust Company, both of Ohio, commenced these actions on July 28, 1937, in Los Angeles County, to enforce the alleged stockholders’ liability of the defendant Cliffe U. Merriam and Madaline M. Mullins as stockholders in those corporations.

The Guardian Trust Company and The Union Trust Company were Ohio manking corporations. On February 27, 1933, the defendant Merriam was and for- some time prior thereto had been a stockholder of record in The Guardian…