GODFREY v. TERRY


97 U.S. 171 (____)

GODFREY v. TERRY.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. Theodore G. Barker and Mr. James Lowndes for the appellants.

Mr. D.H. Chamberlain and Mr. Harvey Terry, contra.


MR. JUSTICE MILLER delivered the opinion of the court.

The Merchants' Bank of South Carolina, at Cheraw, was chartered in 1833, and the charter was renewed for twenty years in 1852. Both statutes provided that, "in case of the failure of the said bank, each stockholder, copartnership, or body politic, having a share or shares in the said bank at the time of such failure, or who shall have been interested therein at any time...

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