Holland Banking Co. v. Continental Nat. Bank of Jackson County

REEVES, District Judge.

This is an action in the nature of a creditor’s bill by complainant to subject the assets of the defendant corporation to the payment of its claim. It seeks also to enforce shareholders’ liability under section 64, title 12, U. S. Code (12 USCA § 64), relating to the subject of banks and banking.

As an incident to said action, complainant has asked for the appointment of a receiver upon the ground, among others, that .the assets of the defendant bank are not being properly administered and applied in liquidation of claims.

*641It appears from the pleadings and the admission…