Freeman v. Culler

Opinion by

Mr. Justice Drew,

This action in assumpsit was brought by the Secretary of Banking of the Commonwealth, Receiver of the Farmers & Merchants Bank of West Newton, against appellant Carl H. Culler, the owner of twenty-six shares of its common stock, of a par value of $2600. The suit was brought to enforce the double liability imposed by the Act of May 13, 1876, P. L. 161 [7 P. S. 79], upon all shareholders in such banks. The trial court directed a verdict in favor of plaintiff in the full amount of the claim with interest, $3106.14. After motions for judgment n. o. v. and a new trial…