FRANK v. GIESY

No. 9429.

117 F.2d 122 (1941)

FRANK et al. v. GIESY et al. JENSEN et al. v. SAME. LORD et al. v. SAME.

Circuit Court of Appeals, Ninth Circuit.

January 27, 1941.


Attorney(s) appearing for the Case

Ralph H. King, of Portland, Or. (Joseph, Veatch & Bradshaw and McCamant, Thompson, King & Wood, all of Portland, Or., of counsel), for appellants Frank et al.

Latourette & Latourette and Lincoln S. Ferris, all of Portland, Or., for appellees.

Before WILBUR, GARRECHT, and HEALY, Circuit Judges.


HEALY, Circuit Judge.

Appellants, shareholders of the American National Bank of Portland, appeal from a judgment against them predicated on their shareholders' liability under 12 U.S.C.A. § 63.1

In 1923 appellees leased premises in Portland to the Broadway Bank, a state bank, for a term of 30 years. Later the Broadway Bank became a national bank under the name of Portland National, and still later, in 1929, it was consolidated...

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