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ARMSTRONG v. McADAMS

No. 9872.

72 F.2d 314 (1934)

ARMSTRONG v. McADAMS et al.

Circuit Court of Appeals, Eighth Circuit.

June 27, 1934.

Attorney(s) appearing for the Case

Ras Priest, of Newport, Ark. (Ira J. Mack, of Newport, Ark., on the brief), for appellant.

Arthur L. Adams, of Jonesboro, Ark. (N. F. Lamb, of Jonesboro, Ark., on the brief), for appellees.

Before SANBORN and WOODROUGH, Circuit Judges, and DEWEY, District Judge.

WOODROUGH, Circuit Judge.

J. W. Armstrong, as receiver of the First National Bank of Jonesboro, Ark., a national banking association, sued H. H. McAdams and C. W. Pittinger as stockholders of the bank to enforce liability for a stock assessment of 100 per cent. duly made by the Comptroller. 12 USCA § 64. This appeal is taken from a decree dismissing the suit at the cost of the receiver; the purpose of the receiver being to fasten the liability upon H. H. McAdams...

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