Nettles v. Sottile

The opinion of the Court was delivered by

Mr. Justice Bonham.

Judge Bellinger heard this case and has written an able decree, which will be reported, and which states so clearly the cardinal facts and issues involved, as to make it unnecessary to make a preliminary statement of them.

It is only necessary to say that the plaintiff brought the action, as Receiver, to recover of the defendants, as stockholders of the Peoples State Bank of South Carolina, now in process of liquidation, the stockholder’s liability imposed upon them as such stockholders.

The defendants, by answer, set up various…