Flynn v. Crume

EVANS, Circuit Judge.

Plaintiff’s'cause of action was based on the "double liability provision of the National Banking Act (12 U.S.C.A. secs. 63, 64).*

We will refer to Clara E. Crume as defendant and Marshall E. Crume as her husband.

Defendant was charged with knowledge of the impending bank failure when she transferred her stock to her husband and with intent to escape the.statutory liability. Plaintiff also alleged that defendant was and is the actual owner of the stock because the purported transfer to her husband was null and void, without consideration, and made for the purpose of…