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WAGNER v. SOUTH CHICAGO SAV. BANK

No. 8561.

146 F.2d 686 (1944)

WAGNER, for Use of MOLNER, v. SOUTH CHICAGO SAV. BANK.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied February 13, 1945.

Attorney(s) appearing for the Case

Elmer J. Schnackenberg, of Chicago, Ill., for appellant.

Maurice Weissman, of Chicago, Ill., for appellee.

Before EVANS, MAJOR, and MINTON, Circuit Judges.

EVANS, Circuit Judge.

A national bank receiver sold and assigned to appellee a $10,860 judgment which he obtained against appellant, based on the statutory bank stockholder's liability. Appellant challenges the validity of such sale and assignment, contending that the statutory power of the receiver to "enforce the personal liability of the shareholders"1 does not include the power to sell and assign, this claim. Appellee...

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