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MUNRO v. HUBER

No. 145.

109 F.2d 97 (1940)

MUNRO v. HUBER et al.

Circuit Court of Appeals, Second Circuit.

January 22, 1940.

Attorney(s) appearing for the Case

Milbank, Tweed & Hope, of New York City (Thomas A. Ryan, L. Reyner Samet, and Edward D. Gasson, all of New York City, of counsel), for appellants.

John L. Farrell, of New York City, for appellee.

Before L. HAND, CHASE, and PATTERSON, Circuit Judges.

PATTERSON, Circuit Judge.

The case presents another effort on the part of stockholders of record of a failed bank to escape liability on an assessment.

Richmond National Bank failed in 1933. The plaintiff was appointed receiver. Assessment was made on the stock. At the time of failure 100 shares of the stock stood registered in the name of Morgan, Turner & Company, and 50 shares in the name of Dell & Company. The plaintiff sued the defendants Huber...

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