Legal Opinion

Hulitt v. Bell

U.S. Circuit Court for the District of Southern Ohio

Decided February 7, 1898No. 5,003PublishedCited by 3 opinions

This was a suit in equity by John Hulitt, as receiver of the First National Bank of Hillsboro, Ohio, against Charles E. Bell and others, to recover an assessment upon the shareholders, under Rev. St. § 5205.

1Opinion of the Court

SAGE, District Judge.

This cause is before the court on general demurrer. The material averments of the bill are as follows: The First National Bank of'Hillsboro, Ohio, is a national banking association. On April 25, 1896, the comptroller of the currency, in pursuance of section 5205 o'f the Revised Statutes of the United States, notified the bank that its capital stock had become impaired to an extent that made necessary an assessment of $50,000 upon its shareholders. On the 27th of April, 1896, the directors, by resolution duly entered upon the records of the bank, made an assessment of…

2Cases cited11 opinions

  1. Lane County v. OregonSupreme Court of the United States · 1869
  2. Chester Glass Co. v. DeweyMassachusetts Supreme Judicial Court · 1819
  3. Delano v. ButlerSupreme Court of the United States · 1886
  4. Andover & Medford Turnpike Corp. v. GouldMassachusetts Supreme Judicial Court · 1809
  5. City of Carondelet v. PicotSupreme Court of Missouri · 1866

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3Cited by3 opinions

  1. Colburn v. United States Fidelity & Guaranty Co.Hawaii Supreme Court · 1920
  2. Weinhard v. Commercial National BankOregon Supreme Court · 1902
  3. Thomas v. GilbertOregon Supreme Court · 1909

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