Donaghey v. Wasson

The Bank Commissioner of the State of Arkansas, having taken charge of the Bankers’ Trust Company and the Bank of Commerce as insolvent banking corporations, levied a one hundred per cent, assessment against the stockholders of said corporations, among whom were George W. Donaghey, James M. Slew-art and George B. Rose. This suit was instituted in the names of those persons in their own behalf and for others similarly situated against Marion Wasson, Bank Commissioner of the State of Arkansas, to enjoin the latter from bringing suit against them and asking for the appointment of a master. To…