Bicknell v. Garrett

This is a superadded liability action brought by the receiver of an insolvent Michigan bank, hereinafter called the bank, against the defendants, Jessie Ring Garrett and her husband. Relief, however, is sought against Mrs. Garrett only, as the owner of fifty shares of the stock of the bank, and she will be referred to throughout as the defendant or respondent.

The assessment was made on September 5, 1934, and the suit was commenced in October, 1937, more than three, but less than six, years thereafter. The defendant relied upon the statute of limitations as a defense to the action. The facts…