Barto v. Stewart

The opinion of the court was delivered by

Fullerton, J.

The Bank of Puyallup was organized as a banking corporation under the laws of the state of Washington on the 10th day of September, 1890, with a capital stock of $100,000, divided into one thousand shares-of the par value of $100 each. On the 26th day of May, 1893, the bank closed its doors and discontinued business-as a going concern, and on the 7th day of June, 1893, in an action brought in the superior court of Pierce county for that purpose, was by that court adjudged insolvent,, and the respondent was appointed receiver of its…