Benton v. American Nat. Bank of Macon
Court of Appeals for the Fifth Circuit
Appeal from the District Court of the United States for the Southern District of Georgia; Beverly D. Evans, Judge. Action by the American National Bank of Macon against the Commercial National Bank of Macon and others. From a decree granting a petition to make certain shareholders of a third corporation parties, L. O. Benton and others, as shareholders, appeal.
1Opinion of the Court
WALKER, Circuit Judge.
The Southern Securities & Financing Company, a Georgia corporation (herein referred to as the Financing Company), was named as a party defendant in a bill in equity in the nature of a creditor’s bill filed against the Commercial National Bank of Macon and its shareholders after that bank had, in 1914, gone into voluntary liquidation as authorized by statute; the relief sought being the enforcement of the individual liability of such shareholders, and it being alleged that the Financing Company was the holder and owner of 103 shares of the capital stock of said bank.…
2Cases cited4 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Matteson v. DentSupreme Court of the United States · 1900
- Wyman v. WallaceSupreme Court of the United States · 1906
- Williamson v. American BankCourt of Appeals for the Fourth Circuit · 1902
3Cited by5 opinions
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Capps Mfg. Co. v. United StatesCourt of Appeals for the Fifth Circuit · 1926
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Williams v. TravisCourt of Appeals for the Fifth Circuit · 1922
- Caldwell v. MorfaDistrict Court, N.D. Texas · 1928