Century Building & Loan Ass'n v. Wickersham

FOSTER, Circuit Judge.

Appellees, G. H. Wickersham and his wife, brought this suit in .equity against the Century Building & Loan Association, to rescind the purchase of certain shares of stock of said corporation, on the ground of fraud in their issue, to recover the amount paid for them, and for the appointment of a receiver. Shults, appellant, was appointed temporary receiver. .Subsequently, in a suit in a state court, brought by- the state of Texas,-Shults--was appointed réfceiver'to liquidate the company. By -supplemental bill, ' Shults was- -made a party defendant' in this case. Judgment…