Wasson v. Gatling

DREW, Judge.

Plaintiff alleged that on or about the - day of -, 19 — , The Farmers & Merchants Bank at Bearden, Arkansas, was organized and continued to carry on a general banking business until December 11, 1934; that on the 6th day of December, 1934, an official examination of said Bank disclosed its insolvency and the Bank Commissioner took charge of it for liquidation purposes, as provided by law; that on December 11, 1934, under and by virtue of the banking laws of the State of Arkansas, an assessment of 100% was levied on the stock and stockholders of said Bank and by special order in…