Chapman v. Witt

J. L. Chapman, commissioner, as statutory receiver of First State Bank of Eastland, brought this suit against appellees Witt and Roper, upon their alleged individual liability as stockholders of the Alamo Oil Refining Company, for a debt due by said refining company to said bank. Said refining company alleged to be a joint stock company operating under a declaration of trust. Witt was discharged by the judgment from which no appeal was taken. Roper's defense was that he was not a stockholder, and that the debt was created by the bank, not upon the credit of the stockholder's personal…