Baird v. Ellison

This is an appeal from an order of the district court of Burleigh county denying an application made by the defendants, J.. N. Ellison and Otto Ellison, to vacate judgments rendered against them. This action was brought to recover on the added statutory liability against various stockholders in the Scandinavian American Bank of Minot, North Dakota, which said bank, on November 29, 1924, was duly adjudged insolvent by the district court of Burleigh county.

The complaint alleges that the capital stock of the Scandinavian American Bank of Minot, North Dakota, was divided into shares of the par…