Hanna v. Curtiss State Bank

On the 12th day of July, 1928, the plaintiff was a stockholder of the defendant Curtiss State Bank. On that day the bank was in financial difficulties. At the suggestion of the commissioner of banking, the directors of the bank levied a one hundred per cent, assessment upon its capital stock under the provisions of sec. 220.07, Stats. The plaintiff failed to pay her assessment. The bank offered plaintiff’s stock for sale at public auction, pursuant to notice, on the 1st day of October, 1928. It was stated at the sale that bids made on the stock there offered for sale would be applied on the…