Gahagan v. Whitney

Defendants in error, as creditors of the Tampico State Bank, filed in the circuit court of Whiteside county a bill seeking to enforce stockholders’ liability against the plaintiff in error, Cora Whitney, and others. A decree was entered against her in accordance with the prayer of the bill, which was affirmed by the Appellate Court. The cause is here on writ of certiorari.

It appears from the record that the Tampico State Bank was closed for liquidation on the i8th of March, 1932. Fred A. Brewer had owned twenty-five shares of stock in this bank. He died intestate on July 15, 1923, and…