Brown v. Midland Nat. Bank

Annie Mae Klapproth, the owner of 13 shares of the capital stock of the Midland National Bank, which is incorporated under the laws of the United States with a capital of $75,000, brought this suit against said bank to restrain the sale of said stock which had been advertised for sale by the bank because of her failure to pay a 100 per cent. assessment upon her stock ordered by the stockholders of the bank for the purpose of restoring its capital stock which had been impaired by losses theretofore sustained.

Z. T. Brown, guardian of the estate of the minor, Joseph T. Brown, also brought a suit…