Johnson v. Wilson

The opinion of the court was delivered by

Smith, J.:

This was an action by the receiver of an insolvent state bank against a stockholder to enforce the additional liability imposed by R. S. 9-110. Judgment was for defendant. Plaintiff appeals.

The bank closed September 18, 1930. At that time the name of defendant appeared on the stock register of the bank as the owner of six shares of stock issued January 10, 1929. He refused to pay the double liability. This suit followed.

In January, 1929, the president of the bank asked defendant to be a director. Defendant replied that he had no stock. The…