McLaughlin v. State Ex Rel. Barnett

The Bank of Commerce of Okmu’gee failed and was taken over by thei Bank Commissioner. It was alleged that J. A. McLaughlin was the owner of ten shares of the bank’s stock of the par value of $1,000, and suit was brought in the district court of Lincoln county by the Hank Commissioner against Claude Everett McLaughlin, as administrator of the estate of J. A. McLaughlin, to enforce the so-called double liability under the provisions of our statute.

The trial court sustained defendant’s demurrer to plaintiff’s evidence upon the ground that the action was barred by limitation. Appeal was taken to…