Meeker v. Oramam Realty Corp.

The action is brought by the receiver of the First National Bank in Mamaroneck to recover an assessment of $17,500, based upon the ownership by the defendant of 175 shares of stock of the par value of $100 each. The complaint alleges in substance the determination of insolvency of the bank by the Comptroller of the Currency in January, 1933, the appointment and qualification of the plaintiff as receiver, the ownership of the stock by defendant with the registration thereof on the bank’s books, the levy of the assessment by the Comptroller on April 21, 1933, with the direction of payment on or…