Smith v. Shepler

ROSS, J., pro tem.

Judgment was given in favor of plaintiff liquidator against defendant and appellant, a resident of Los Angeles County, California, for $3,739.08, based on his ownership of thirty shares of stock in First State Bank of Winter Haven, in Florida, of the par value of $3,000, interest at seven per cent being allowed on that sum from August 23, 1929, being the date on which the state comptroller of Florida made his order requiring all stockholders in the bank to pay the full amount of their alleged statutory liability, which could not exceed the par value of their shares.…