Lawhead v. Adams

Maxwell, PRESIDENT:

This case involves the sufficiency of a plea in abatement filed in a chancery cause. The trial chancellor sustained a demurrer to the plea and certified his ruling to this Court for review.

The plaintiff as receiver of the Guyandotte Bank, a state banking institution, prosecutes this suit against the defendants, stockholders in said bank, to enforce against them the “double liability” imposed by the state Constitution, Article XI, section 6, and by statute, Code 1931, 31-8-32.

It appears from the bill that on February 11, 1933, the state banking commissioner ascertained that…