Davidson v. Citizens Bank

Davidson owned 20 shares of the capital stock of the Citizens Bank of Fort Valley at the date of its failure oh November 27, 1928. At that time he had on deposit in said bank the sum of $2,267.47. The superintendent of banks made an assessment of 100 per cent, against the stockholders to pay depositors of this bank, and, to enforce the assessment against Davidson, issued an execution-against him for $2,000. Davidson had all his money, except that deposited in the above bank, on deposit in the Fourth National Bank'of Macon. The latter bank closed the day before the former bank closed. The…