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SHRIVER v. WOODBINE BANK

No. 158.

285 U.S. 467 (1932)

52 S.Ct. 430

76 L.Ed. 884

SHRIVER v. WOODBINE SAVINGS BANK.

Supreme Court of United States.

Argued March 14, 15, 1932.

Decided April 11, 1932.

Attorney(s) appearing for the Case

Messrs. H.B. Claypool and W.E. Wallace, with whom, Mr. James M. Parsons was on the brief, for appellant.

Mr. J.A. Murray, with whom Messrs. H.L. Robertson and C.A. Bolter were on the brief, for appellee.

MR. JUSTICE STONE delivered the opinion of the Court.

Appellee, an Iowa banking corporation, brought suit in the courts of that State to enforce the personal liability of appellant, its stockholder, for an assessment made under the Iowa statutes, which provide for the restoration of any impairment of capital of a bank, by assessment pro rata of the stockholders. The case comes here on appeal, Jud. Code § 237, from a judgment of the Iowa Supreme Court sustaining...

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