Duke v. American Casualty Co.
Washington Supreme Court
Appeal from a judgment of the superior court for Pierce county, Askren, J., entered January 24, 1924, upon findings in favor of the plaintiff, in an action to enforce the superadded liability of stockholders of an insolvent bank, tried to the court.
1Opinion of the CourtParker, J.
The plaintiff, as state supervisor of banking, seeks recovery from the defendant casualty company, a domestic insurance corporation of Tacoma, upon an assessment levied by him against the stockholders of the insolvent Scandinavian American Bank of Seattle, a domestic banking corporation; he claiming the defendant to be so liable because of its ownership of shares of the capital stock of that bank. A trial upon the merits in the superior court for Pierce county, sitting without a jury, resulted in findings and judgment awarding to the plaintiff recovery as prayed for, from which the defendant…
2Cases cited14 opinions
- The People Ex Rel. Furman v. . CluteNew York Court of Appeals · 1872
- Holzman v. City of SpokaneWashington Supreme Court · 1916
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- Ryan v. AndrewsMichigan Supreme Court · 1870
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