Freeman v. Jackson
Supreme Court of Georgia
Action upon stock assessment. Before Judge Wright. Walker superior court. August 18, 1915. The First National Bank of La Fayette, Georgia, was placed in the hands of a receiver, and closed on July 19, 1913, by the. comptroller of currency. T. G. Dunlap was appointed receiver, and on June 8,1914, L. B. Freeman, was appointed to succeed him.
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Action upon stock assessment. Before Judge Wright. Walker superior court. August 18, 1915. The First National Bank of La Fayette, Georgia, was placed in the hands of a receiver, and closed on July 19, 1913, by the. comptroller of currency. T. G. Dunlap was appointed receiver, and on June 8,1914, L. B. Freeman, was appointed to succeed him. Freeman as receiver brought suit to collect an assessment on the stock of the bank, alleging that at the time of the appointment of the receiver the defendant appeared on the books of the bank as the holder of 21 shares of the capital stock of the par value…
1Opinion of the CourtBeck, J.
(After stating the foregoing facts.) From the report of the case of Whitney v. Butler, 118 U. S. 655 (7 Sup. Ct. 61, 30 L. ed. 266), it appears that “A, an owner of shares in the capital stock of a, national bank, employed a broker and auctioneer to sell them by public auction. They were bid off by B, who paid the auctioneer for them, and received from him the certificate of stock, with a power of attorney for transfer duly executed in blank. The auctioneer paid the purchase-money to A. B was employed by the president of the bank to make this purchase for a customer of the bank, who had made…
2Cases cited2 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Whitney v. ButlerSupreme Court of the United States · 1886
3Cited by3 opinions
- Candler v. MobleyCourt of Appeals of Georgia · 1927
- Pignatel v. MobleyCourt of Appeals of Georgia · 1932
- Jackson v. FreemanCourt of Appeals of Georgia · 1917