Angola State Bank v. State Ex Rel. Sanders

This is an action by appellee, relatrix, against appellant, Angola State Bank, to require the bank to recognize her as the owner of five shares of the capital stock of said bank. The appellant, R. Waldo Sheffer, intervened and claimed ownership of the same stock.

The “special finding of facts” discloses that appellee purchased the five shares of stock in 1927 and received certificate number 33. That in 1929 the husband and. son of the appellee borrowed Four Hundred Dollars ($400.00) from the First National Bank of Angola and gave an unsecured note. Later the president of the bank asked for…