Legal Opinion
Cox v. Elmendorf
Tennessee Supreme Court
Decided October 28, 1896PublishedCited by 5 opinions
FROM WASHINGTON. Appeal from Chancery Court of Washington County. JOHN P. Smith, Ch.
1Opinion of the CourtMcAlister, J.
On the twelfth day of November, 1894, the First National Bank of Johnson City was adjudged insolvent by the Comptroller of the Currency and complainant appointed receiver of its assets. The capital stock of the bank was $50,000, divided into shares of the par value of $100 each. The bank was largely indebted, and, in order to meet its liabilities, the Comptroller of the Currency, under the provisions of the National Banking Act, ordered an assessment of the shares of stock belonging to the individual shareholders to the full measure of the capital stock of the company. This bill ivas filed by…
2Cases cited1 opinion
- Whitney v. ButlerSupreme Court of the United States · 1886
3Cited by5 opinions
- Warren v. NixSupreme Court of Arkansas · 1911
- State v. WareSupreme Court of Oklahoma · 1921
- Bracken v. NicolCourt of Appeals of Kentucky · 1907
- McDowell v. RamboCourt of Appeals of Tennessee · 1937
- Smith v. DongesCourt of Appeals for the Third Circuit · 1934