Brown v. Rosenbaum

This action is brought to recover the amount of an assessment paid by plaintiff’s assignor, George Blumenthal, on stock of the Harriman National Bank and Trust Company (hereinafter called the Bank) held by him within sixty days of the closing of the bank.

Defendant Rosenbaum acquired eighty-six shares of the stock previously held by Blumenthal on March 6 and March 11, 1933. Both of these dates occurred during the period covered by the national bank holiday created by the proclamations of the Governor of the State of New York and the President of the United States. Until the declaration of the…