In re Estates of Weimer

OPINION

By WISEMAN, J

This matter is presented to the court on the petition of five creditors on their own behalf and on behalf of all other creditors of the Southern Minnesota Joint Stock Land Bank of Minneapolis, and the receiver for creditors of said bank, for the reinstatement of a claim founded upon the statutory liability of a stockholder in said bank, as provided for by Federal Farm Loan Act (U.S.C.A. Title 12, Chapter 7, §812), said liability amounting to a sum equal to one hundred per cent of the par-value of the stock so held. The petitioners alleged that they failed to present their…