Case v. Small
U.S. Circuit Court for the District of Eastern Louisiana
1Opinion of the CourtPardee, C. J.
This is a suit brought by the receiver of the Crescent City National Bank agkinst the defendants to compel the contribution of 70 per cent, on certain 50 shares of the stock of said bank, under the assessment of the comptroller of the currency, by virtue of section 5151, Bev. St.
It seems that, just prior to the failure of the bank, Keenan, one of the defendants, through a broker, sold 50 shares of the stock. They were purchased by I. K. Small, and paid for by him, as he says, for and on account of his sister, Miss E. M. Small, and were transferred on the books of the bank by Keenan to Miss…
2Cases cited7 opinions
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