Rose v. Morrow

The original bill was filed in this cause to enforce the statutory liability of the stockholders of the Peoples Bank of Springfield under Chapter 54 of Acts of 1909. Several of the defendants demurred to the bill and raised questions as to their liability under the construction of said statute. The Chancellor sustained the demurrer and dismissed the bill. The complainants appealed, and the Supreme Court upheld the validity of the statute, overruled the demurrer, sustained the bill and remanded the cause for further proceedings, all of which is set out in a written opinion styled Rose v.…