Ranchman's State Bank v. Lenning

The complaint in this case alleges, in substance, that the Ranchman’s 'State Bank, at Fairburn, in Custer county, became insolvent and was taken over by the superintendent of banks on February 7, 1924, and that its assets were insufficient by at least $43,000 to pay its liabilities. That John Lenning was a director of the bank from January 11, 1920, to March 3, 1923, and owned $1,000 of the capital stock of the bank at the time of 'his death on March 16, 1923; that his will was duly probated in Ouster county, and statutory notice to creditors to present claims given, and the estate duly…