Gaiser v. Buck

The appellant, a general creditor (in the sum of $323.70) of the Studabaker (state) Bank of Bluffton, brought this action June 24, 1927, on behalf of herself and all other creditors similarly situated (it being alleged that there are moré than 1,000 creditors and that it is impracticable to bring them all before the court), against the stockholders of the bank to recover from them the double liability imposed by §6, Art. 11, Constitution, §212 Burns 1926, and §13, ch. 8, Acts 1873, as amended by' §1, ch. 230, Acts 1919, §3858 Burns 1926, upon stockholders in banks. The complaint alleged that…