OOSTERHUIS v. PALMER

No. 237.

137 F.2d 322 (1943)

OOSTERHUIS v. PALMER.

Circuit Court of Appeals, Second Circuit.

July 12, 1943.


Attorney(s) appearing for the Case

Milton L. Romm, of Yonkers, N. Y. (Benjamin W. Moore, of Yonkers, N. Y., on the brief), for plaintiff-appellant.

John J. O'Connor, of New York City (Kermit F. Kip, of New York City, of counsel), for defendant-appellee.

Before SWAN, CLARK, and FRANK, Circuit Judges.


CLARK, Circuit Judge.

After the failure of the First National Bank and Trust Company of Yonkers, New York, in 1933, the Comptroller of the Currency levied an assessment on its stock payable June 18, 1934, and made demand on the defendant for the payment of $62,000, as the amount due upon the shares which she held. Thereupon negotiations ensued between her counsel and the receiver of the bank, Arthur E. Muth, for a compromise of the assessment; and these resulted in...

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