Andrew v. Commercial State Bank

The propositions relied upon by appellant will be stated in interrogative form, and answered.

1. Did the defendant have his .day in court? In the first instance, on April 24, 1925, the plaintiff-receiver commenced an action in equity, naming 22 persons as defendants. These persons were stockholders of the Commercial State Bank of Iowa City. The bank was then in solvent, and adjudged to be insolvent m a decree entered of record on the 18th day of February, 1925, by the district court. Subsequently, to wit, September 10, 1925, an amendment to the petition was filed, making Milton Remley…