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TODD v. RUSSELL

1 F.Supp. 788 (1932)

TODD et al. v. RUSSELL et al. SAME v. DeCOURTNAY.

District Court, S. D. New York.

On Reargument November 18, 1932.

Attorney(s) appearing for the Case

Mack, Taylor, Spiegelberg & McCauley, of New York City (Harry W. Mack, of New York City, of counsel), for plaintiffs.

Philip W. Lowry, of New York City, for defendant Samuel A. Pleasants.

Pleasants & Lowry, of New York City (Samuel A. Pleasants, of New York City, of counsel), for defendants other than Samuel A. Pleasants.

PATTERSON, District Judge.

Two suits have been brought by creditors of the Ohio Joint Stock Land Bank against stockholders of that corporation to hold them liable up to the amount of their stock at par value. The bills allege that the bank was organized under the Federal Farm Loan Act (12 USCA § 641 et seq.), with its principal place of business in Cincinnati; that it is now insolvent; and that, under the Federal Farm Loan Act (section 9 [12 USCA § 744]...

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