FORMAN, District Judge.
Plaintiffs were stockholders in the First National Bank of Avon-by-the-Sea, referred to hereafter as the "Old Bank." That institution became involved in difficulties in June of 1931. At the instance of Alexander B. McCans, assistant bank examiner acting on behalf of the Comptroller of the Currency, a meeting was called wherein it was found necessary to inject $60,000 of new capital into the venture or the Bank would be required to close its...
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