Legal Opinion
Gibson v. Oswalt
Michigan Supreme Court
Decided December 10, 1934No. Docket No. 98, Calendar No. 38,051PublishedCited by 11 opinions
1Opinion of the CourtFead, J.
As of May 5, 1931, the First State Bank of Vicksburg was consolidated with and into the Farmers State Bank. The latter closed its doors September 15, 1931. Plaintiff, as receiver of the Farmers State Bank, filed this bill to enforce the statutory liability of the stockholders under 3 Comp. Laws 1929, § 11945, and had decree. This appeal concerns only those defendants who were stockholders of the First State Bank. Plaintiff claims they became stockholders of the Farmers State Bank by the consolidation.
The consolidation was conducted under .the direction of the State banking department. The…
2Cases cited7 opinions
- Pacific National Bank v. EatonSupreme Court of the United States · 1891
- Foster v. RowMichigan Supreme Court · 1899
- Auditor General v. Bassett's EstateMichigan Supreme Court · 1929
- Chapman v. DentonCourt of Appeals of Texas · 1924
- May v. McQuillanMichigan Supreme Court · 1902
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Katz v. PreteSupreme Court of Rhode Island · 1983
- Rare Earth, Inc. v. HoorelbekeDistrict Court, S.D. New York · 1975
- In Re Burger's EstateMichigan Supreme Court · 1936
- Glass v. LockMichigan Supreme Court · 1938
- Ludington State Bank v. Estate of RathMichigan Supreme Court · 1936
6 more not listed; retrieve them via the Exa API.