Merchants National Bank v. Henderson

All questions decided by this court in Broulik v. Henderson, 218 Iowa 640, 254 N. W. 63, are involved in this case. Such questions are controlled by the opinion in that case. This matter presents but one other question.

Petitioner is- a national bank, having its place of business in Linn county. This action was brought in the Hardin district court to enforce an assessment on shares of stock alleged to be owned by petitioner in the State Bank of Alden, an insolvent bank, having its place of business in Alden, Hardin county, Iowa. Petitioner claims that under the laws of the United States it can…