Rawlings v. Ray
Supreme Court of the United States
1Opinion of the CourtChief Justice Hughes
Petitioner is the receiver of the Lee County National Bank of Marianna, Arkansas, which in 1933 was declared by the Comptroller of the Currency to be insolvent. On November 6, 1935, the Comptroller assessed its shareholders fifty per centum of the par value of their shares.. The assessment was required to be paid on or before December 13, 1935, and the receiver gave notice accordingly. As respondent failed to pay, the receiver brought suit on December 7, 1938, in the District Court of the United States for the Eastern District of Arkansas to recover the amount assessed. Respondent pleaded the…
2Cases cited9 opinions
- McClaine v. RankinSupreme Court of the United States · 1905
- Pufahl v. Estate of ParksSupreme Court of the United States · 1936
- McDonald v. ThompsonSupreme Court of the United States · 1902
- Strasburger v. SchramCourt of Appeals for the D.C. Circuit · 1937
- Holloway v. MorrisSupreme Court of Arkansas · 1931
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3Cited by175 opinions
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- Runyon v. McCrarySupreme Court of the United States · 1976
- International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
- Occidental Life Insurance v. Equal Employment Opportunity CommissionSupreme Court of the United States · 1977
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