FISHER v. WHITON

No. 85.

317 U.S. 217 (1942)

FISHER, RECEIVER, v. WHITON, EXECUTRIX, ET AL.

Supreme Court of United States.

Decided December 7, 1942.


Attorney(s) appearing for the Case

Messrs. John F. Anderson and S. Bartow Strang, with whom Mr. Lee Roy Stover and Harriet Buckingham were on the brief, for petitioner.

Mr. Joe Frassrand, with whom Mr. Charles A. Noone was on the brief, for respondents.


MR. JUSTICE MURPHY delivered the opinion of the Court.

In Rawlings v. Ray, 312 U.S. 96, we decided that state statutes of limitations govern the time within which to enforce the liability imposed upon stockholders of insolvent national banks by assessments levied by the Comptroller of the Currency; that the question as to the time when a complete and present cause of action arises in the receiver to enforce that liability...

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