Willing v. Pennsylvania Co. for Insurances on Lives & Granting Annuities

KIRKPATRICK, District Judge.

This is one of four suits at law which were brought by the receiver of the insolvent Sixth National Bank of Philadelphia, to recover assessments against stockholders. Trials were to the court; jury trials having been waived. The four cases were tried together, and are now before the court for findings and final disposition.

This particular suit (No. 18828) involves 20 shares, originally held by the Pennsylvania Company as trustee for McGrath, represented by certificate No. 927.

*235As to the pleadings:

The receiver brought suit against the Pennsylvania Company, alleging…