Farmers & Merchants Bank of Morgantown v. Bank of Masontown

KENNA, PRESIDENT:

This chancery proceeding was brought by the Farmers and Merchants Bank of Morgantown in the Circuit Court of Monongalia County against the Bank of Masontown and a number of individual defendants for the purpose of recovering from the named individuals as stockholders of the Bank of Masontown the double liability imposed upon the stockholders of any bank authorized by the laws of this state under Article XI, Section 6 of the West Virginia Constitution. Defendants appeared and filed a joint and several demurrer and answer to the bill of complaint, and upon the plaintiff…