No. 518.

324 U.S. 200 (1945)


Supreme Court of United States.

Decided February 26, 1945.

Attorney(s) appearing for the Case

Mr. P.C. Simons for petitioner.

Mr. Christy Russell, with whom Mr. L.G. Owen was on the brief, for respondents.

MR. JUSTICE ROBERTS delivered the opinion of the Court.

We are called upon to determine the application in the circumstances of this case of § 23 of the Act of Dec. 23, 1913,1 which imposes liability upon stockholders of a closed national bank.

November 25, 1929, the American National Bank of Enid, Oklahoma, pursuant to a resolution of its directors, which recited that it contemplated...

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