BANK OF CALIFORNIA, NATIONAL ASS'N, v. CRADDOCK-TERRY CO.

No. 7467.

83 F.2d 819 (1936)

BANK OF CALIFORNIA, NATIONAL ASS'N, v. CRADDOCK-TERRY CO.

Circuit Court of Appeals, Ninth Circuit.

May 4, 1936.


Attorney(s) appearing for the Case

F. D. Madison, Marshall P. Madison, and Gerald S. Levin, all of San Francisco, Cal. (Pillsbury, Madison & Sutro, of San Francisco, Cal., of counsel), for appellant.

F. F. Thomas, Jr., John T. Pigott, and Burnham Enersen, all of San Francisco, Cal. (McCutchen, Olney, Mannon & Greene, of San Francisco, Cal., of counsel), for appellee.

Before WILBUR, DENMAN, and MATHEWS, Circuit Judges.


WILBUR, Circuit Judge.

This action was brought to recover upon the stockholders' liability imposed by section 322 of the California Civil Code. The trial court held that the repeal of section 3 of article 12 of the California Constitution on November 4, 1930, repealed by implication section 322 of the California Civil Code. The sole question presented by this appeal is whether or not the repeal of section 322 was thus effected.

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