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NETTLES v. CHILDS

No. 4407.

100 F.2d 952 (1939)

NETTLES v. CHILDS et al.

Circuit Court of Appeals, Fourth Circuit.

January 9, 1939.

Attorney(s) appearing for the Case

John I. Cosgrove, of Charleston, S. C. (Eugene S. Blease, of Newberry, S. C., and Stephen Nettles, of Greenville, S. C., on the brief), for appellant.

Frederick H. Horlbeck, of Charleston, S. C., and Albert H. Barclay, of New Haven, Conn. (Julian Mitchell, of Charleston, S. C., on the brief), for appellees.

Before PARKER, NORTHCOTT, and SOPER, Circuit Judges.

SOPER, Circuit Judge.

In Nettles v. Rhett, 4 Cir., 94 F.2d 42, we held that certain common and preferred stockholders of the Peoples Investment Corporation of South Carolina, a holding company, were subject to the statutory shareholder's liability on the stock of the insolvent Peoples State Bank of South Carolina registered in the name of the holding company. The holding company itself was...

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