Sachs v. Ohio Nat. Life Ins. Co.

LINDLEY, District Judge.

On July 6, 1931, plaintiffs sued in the state court to enforce the super-added liability of stockholders of an insolvent bank. On June 30, 1934, the court entered final decree against numerous defendants. The defendant here was not a party to that action. On July 3, 1935, plaintiffs filed an amended and supplemental complaint in the same action, naming defendant for the first time, and alleging that it had assumed all the liabilities of the American Old Line Insurance Company, including the latter’s liability as stockholder of the bank. Defendants removed the cause to…