Hood Ex Rel. High Point Morris Plan Bank v. Burrus

The following questions involved in this appeal we do not think, oil the present state of, the record, it is necessary to pass on: “Is a stockholder in an industrial bank liable for an assessment on his stock when said nonassessable stock was owned prior to the passage of C. S., 225 (o), and the liabilities were contracted prior and subsequent to the said enactment?

“Is a stockholder in an industrial bank subject to an assessment on his stock acquired after 4 March, 1925, which is the date of the passage of C. S., 225 (o), when his stock certificates contained a clause that said stock was…