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HEIDEN v. CREMIN

No. 9504.

66 F.2d 943 (1933)

HEIDEN v. CREMIN.

Circuit Court of Appeals, Eighth Circuit.

July 20, 1933.

Attorney(s) appearing for the Case

Robert B. Pike, of Sioux City, Iowa (Larned F. Brown, of Sioux City, Iowa, on the brief), for appellant.

Harry S. Snyder and John S. Sears, both of Sioux City, Iowa, for appellee.

Before STONE, VAN VALKENBURGH, and BOOTH, Circuit Judges.

STONE, Circuit Judge.

This is an action by the receiver of a closed national bank for the double stock liability. The defendant appears on the bank stock books as "Wm. J. S. Cremin, trustee." The theory of the action is that he is personally liable. His defense is that he is not the owner of the stock but holds purely as a trustee for his four minor children and, therefore, is not personally liable. Section 66, title 12 USCA. The trial court found that he held only...

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