Anderson v. Gray ex rel. Gray

The following allegations of fact appear in the hereinbefore mentioned petition of defendant in error, viz:

That on the 30th day of November, 1929 “it (the bank) was found to be in an unsound and unsafe condition for the transaction of its business and insolvent by the said O. C. Gray, Superintendent of Banks.

The assets of said bank coming into the hands of said Superintendent of Banks, exclusive of the amount which may be realized by reason of the double liability of the stockholders, will not be sufficient to pay its liabilities and it is necessary to collect the full amount of the…