Grinnell State Bank v. Fellhoelter

The opinion of the court was delivered by

Dawson, C. J.:

This is an appeal from a judgment on a stockholder’s liability in behalf of an insolvent bank.

The action was tried on the pleadings to which certain exhibits and a trust agreement were attached. No material issue of disputed fact was involved.

It appears that the late Henry Fellhoelter, Sr., was a Sheridan county pioneer who in his lifetime amassed a considerable estate consisting of land and personal property which included 52 shares of stock in the Grinnel State Bank. He died testate on February 1, 1938. By his will he devised certain…