State Ex Rel. Freeling v. Quigley

Opinion by

STEPHENSON, C.

Heretofore W. F. Quigley commenced his action in the district court of Grant county, against the Farmers’ State Bank, and others, who were stockholders in the bank, in which recovery was sought against the bank for a time deposit placed with the bank by the plaintiff and which the plaintiff alleges the bank refused to pay to him. Several of the stockholders of the bank were joined in the action, against whom judgment was sought on their statutory liability. The petition further set forth that the banking department had taken charge of the bank and its assets for the…