Mobley v. Smith

The undisputed facts in this case are: That appellant was the superintendent of banks of the state of Georgia; that appellee was a resident citizen of the state of Alabama, but was a stockholder in the bank of Palmetto, a bank organized and situated in the state of Georgia; that the Bank of Palmetto failed, and was surrendered to the superintendent of banks of the state of Georgia ; that, upon such occurrence, the duly enacted statutes of the state of Georgia provided that said superintendent of banks might levy an assessment upon the stockholders of said bank to an amount equal to the face…