JOHN B. SANBORN, District Judge.
The plaintiff was, from early in the year 1923 until June 14, 1924, a director of the Citizens' National Bank of Worthington, Minn. During that time he was the owner of 50 shares of its capital stock, of the par value of $5,000. The entire capital stock consisted of 250 shares, of the par value of $100 each. Prior to June 14, 1924, the capital of the bank had become impaired, it had violated its charter and the banking laws of the...
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