Gossett, Commr. v. Seggerman

The controlling question presented for decision here is whether or not, under pertinent provisions of the Constitution and statutes as they existed at the time the events involved in this case occurred, one who purposely held himself out to the public as a stockholder in a bank incorporated under the laws of this State, or permitted the bank to so hold him out to the public, could deny that he was such stockholder, and thus defeat his legal liability for an assessment against him, as a stockholder of the bank, for the insolvency of such bank.

This is a stock assessment suit, brought for the…