Abilene State Bank v. Strachan

*578The opinion of the court was delivered by

Johnston, C. J.:

This action was brought by the appellant, the Abilene State Bank, to recover from the appellee, James Strachan, $1000, the amount of his additional liability as a stockholder of the appellant bank. The petition recites that Strachan became the owner of ten shares of the capital stock of the bank on May 14, 4901, of the par value of $1000, that the bank became insolvent on September 1,1910, and was placed in the hands of a receiver on November 22, 1910, that all the assets of the bank, including the double liability of stockholders, were…