Legal Opinion
Futrell v. Branson
Court of Appeals for the Eighth Circuit
Decided June 20, 1939No. 11386PublishedCited by 3 opinions
1Opinion of the Court
BELL, District Judge.
This is an action by appellant as receiver of a closed national bank to recover an assessment on the capital stock owned by appellee. The answer admits the allegations of the complaint and pleads the three-year statute of limitations of Arkansas as a defense.. The plea was sustained and this appeal is from the judgment entered.
The business of the Lee County National Bank of Marianna, Arkansas, was suspended March 6, 1933. The Comptroller of the Currency levied an assessment on the capital stock of fifty per cent (50%) on July 6, 1934, and an additional fifty per cent…
2Cases cited15 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Senn v. Tile Layers Protective UnionSupreme Court of the United States · 1937
- Ruhlin v. New York Life InsuranceSupreme Court of the United States · 1938
- McClaine v. RankinSupreme Court of the United States · 1905
- Bauserman v. BluntSupreme Court of the United States · 1893
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3Cited by3 opinions
- Hollingsworth v. Cities Service Oil Co.Court of Appeals of Texas · 1946
- Futrall v. RayCourt of Appeals for the Eighth Circuit · 1940
- Nagle v. HeroldDistrict Court, W.D. New York · 1939