Austin v. Strong

LEDDY,. J.

In the motion for rehearing, appellant concedes the correctness of the holding in the original opinion that appellee is not liable to assessment for the one-half interest in the bank stock passing to her by inheritance from her deceased husband, but asserts that, inasmuch as Mrs. Strong was the owner, not by inheritance, but as community survivor, of a one-half interest in such bank stock, she is individually liable for an assessment thereon.

We are unable to agree with this contention. The original subscription for the stock made by appellee’s husband was a contract with the bank…