Union Sav. Bank of San Jose v. Leiter

This is in form an action by a banking corporation to recover from a stockholder the amount of an assessment levied for an amount unpaid upon the capital stock for the purpose of satisfying the claims of creditors of such corporation. Plaintiff had judgment, and defendant appeals therefrom upon the judgment-roll.

The findings fully present the facts essential to the determination of the questions presented by defendant’s brief.

The plaintiff corporation ever since March 13, 1899, has been engaged solely in closing its affairs and liquidating its indebtedness under a judgment given on that day…