Chapman v. State Ex Rel. Mothersead

This action at law was filed by the state on relation of the acting Bank Commissioner to recover from W. L. Chapman a liability based on the ownership of capital stock of the par value of $1,000 of the failed First State Bank of Orr.

The defendant below defended under the allegation that he had sold and transferred his stock, and had not been the owner of any stock in that bank for more than one year prior to the failure. The judgment was that Chapman was liable in the amount claimed.

_ The assignments of error may all be considered under the one query as .to whether there was any competent…