Anderson v. Abbott

MARTIN, Circuit Judge.

This court must again travel the tangled' trail of ramifications resultant from the-failure of the'National Bank of Kentucky..

In an action brought by the receiver of’ that institution, double liability assessment, under 38 Stat. 273, 12 U.S.C.A. § 64, was-upheld against the receiver of BancoKentucky Company, a Delaware corporation, as the real and beneficial owner of the-national bank stock by virtue of its position, as holder of participation certificates issued by trustees, who, for the benefit of Banco-*697Kentucky Company, held the bare legal title to a vast majority of…