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RECONSTRUCTION FINANCE CORPORATION v. PELTS

No. 7654.

123 F.2d 503 (1941)

RECONSTRUCTION FINANCE CORPORATION v. PELTS.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied December 8, 1941.

Attorney(s) appearing for the Case

Meyer Abrams, of Chicago, Ill., for appellant.

Lee Walker, M. O. Hoel, and John M. Crimmins, all of Chicago, Ill., for appellee.

Before SPARKS, KERNER, and MINTON, Circuit Judges.

MINTON, Circuit Judge.

The Reconstruction Finance Corporation was a large creditor of the Central Republic Trust Company, an insolvent banking corporation, and brought a creditor's bill against the stockholders of the bank to enforce their added liability on said stock.

The original complaint was filed November 19, 1934, in which it was alleged that Edith Levinson was the owner of twenty-four shares of the bank's stock at the times the Reconstruction Finance...

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