TERRY v. ANDERSON


95 U.S. 628 (____)

TERRY v. ANDERSON.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. Harvey Terry and Mr. William Stone for the appellants, Mr. Henry R. Jackson, contra.


MR. CHIEF JUSTICE WAITE delivered the opinion of the court.

In Terry v. Tubman, 92 U.S. 156, we decided that where the charter of a bank contained a provision binding the individual property of its stockholders for the ultimate redemption of its bills in proportion to the number of shares held by them respectively, the liability of the stockholder arose when the bank refused or ceased to redeem, and was notoriously insolvent; and that...

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