Wales v. Jacobs

SIMONS, Circuit Judge.

The appellant as a stockholder and depositor of the . First National Bank of Massillon, Ohio, sought to enforce on his own behalf and on behalf of other stockholders and depositors a contract alleged to have been made by the defendant with the bank. It appearing that the value of the appellant’s stock combined with his deposit was not in excess of $3,000, the jurisdictional amount, the court dismissed the bill for want of Federal jurisdiction.

The appellant asserts the decision to be erroneous because the amount sought from the defendant in the alternative by Way of…