Citizens Nat. Bank v. Turner

ATWELL, District Judge.

In October, 1932, this court rendered judgment in favor of the receiver of the Coggin National Bank of Brownwood, Tex., against Mrs. May Turner, for $5,000. The judgment was based on an assessment against her as the owner of 50 shares of the failed bank’s stock. Best v. Turner et al. (D.C.) 1 F.Supp. 461, affirmed (C.C.A.) 67 F.(2d) 786, 90 A.L.R. 1293.

She had inherited the stock and permitted it to remain in her name. Schechter v. Sherwin (C.C.A.) 81 F.(2d) 603; Drake v. McKinney (D.C.) 9 F.Supp. 671; Seabury v. Green, 294 U.S. 165, 55 S.Ct. 373, 79 L.Ed. 834, 96…