Cunningham v. Wrenn

BREWSTER, District Judge.

This action is brought by the receiver of the Boston-Continental National Bank to enforce the liability imposed by law upon stockholders in national banks. The action was tried without jury.

The controlling facts are as follows: In December, 1930, the Continental National Bank (hereinafter referred to as the Continental) consolidated with the Boston National Bank. After the consolidation, the consolidated banks under the name of “Boston-Continental National Bank” carried on the banking business under the charter and by-laws of the Boston National Bank. According to the…