Wheeler v. Greene

The plaintiff is the receiver of the Bankers Joint Stock Land Bank of Milwaukee appointed by the Federal Farm Loan Board. The defendant is a holder of stock of that Bank. This suit is brought to collect an assessment equal in amount to the par value of the defendant’s stock, which was levied by the Federal Farm Loan Board and which the plaintiff was ordered to collect. The defendant demurred'to the declaration that alleged these facts. The District Court sustained the demurrer and ordered judgment for the defendant. The plaintiff appealed and the judgment was reversed by the Circuit Court of…