McNeill v. Pace

■Whitfield, J.

A suit in equity was brought by the Receivers of the Pensacola State Bank, a banking corporation, existing under the laws of Florida, against J. E. Pace, ' a stockholder , of said, corporation, to recover $1,000.00 as the defendant’s statutory liability on his stock, it being alleged that the contracts, debts and engagements of said corporation are far in excess of the assets of said corporation, plus.a.sum of money, equal to the capital stock of said corporation at its par value. A demurrer to the bill was sustained on the ground-“that the-complainants are not the proper…