Doely v. Benson

Holt, Julies.

The commissioner of banks levied a 100 per cent assessment on the shares of the capital stock held by the stockholders of the Peoples State Bank of Cannon Falls, and the stockholders petitioned the district court to enjoin the enforcement of such assessment.

A trial was had, and the court made findings of fact and conclusions of law enjoining the commissioner from proceeding further with the assessment. Judgment was entered pursuant thereto on January 2, 1935, from which the commissioner appeals.

There are only two assignments of error that may be considered, viz.: That the…