Cousins v. Flertzheim

Sec. 2024 — 44, Stats., provides that the stockholders of every bank shall be individually liable, equally and ratably, not one for another, for the benefit of creditors of said bank to the amount of their stock at the par value thereof, in addition to the amount invested in said stock, which liability shall continue for six months after any transfer of stock, as to the affairs of the bank at the time and prior to the date of the transfer. If appellants are liable in this case it is by virtue of that statutory provision. The principal question here presented is whether such provision applies…