Stewart v. Collins

Tidball, District Judge.

In this case, the plaintiffs, as creditors of the defunct Peoples Bank of Moorcroft, are seeking to recover from J. D. Collins the sum of $1000 for themselves and all other creditors of the defunct bank, under Section 5186, "Wl C. S. 1920, which reads as follows:

“The shareholders of each and every banking association, savings bank and loan and trust company or association, organized under the provisions of this chapter shall be held individually responsible, equally and ratably and not one for another, for all contracts, debts and engagements of such company or…