Bates v. Atlantic Nat. Bank of Jacksonville

SIBLEY, Circuit Judge.

A demurrer was sustained to a declaration at law, filed under the common law practice prevailing in Florida, whereby D. W. Bales, Superintendent of Banking of the State of Iowa, as Receiver of an Iowa State bank, sought to enforce against Atlantic National Bank of Jacksonville a statutory double liability for $3,100 because of stock to that par value held in the failed Iowa bank. The declaration asserts that the National Bank became the owner of twenty-seven shares each of par value $100 on Oct. 23, 1929, and four more shares in May, 1931, and continued to own them until…