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WASSON v. DAVIS BROS. LUMBER CO.

No. 2643.

16 F.Supp. 868 (1936)

WASSON, State Bank Com'r of Arkansas, v. DAVIS BROS. LUMBER CO., Limited.

District Court, W. D. Louisiana, Monroe Division.

February 4, 1936.

Attorney(s) appearing for the Case

Cockrill, Armistead & Rector, of Little Rock, Ark., and Hudson, Potts & Bernstein, of Monroe, La., for plaintiff.

J. C. Theus, of Monroe, La., for defendant.

DAWKINS, District Judge.

Plaintiff, the bank commissioner for the state of Arkansas, sued the defendant upon its liability as a stockholder in the Bankers' Trust Company of Little Rock, Ark., in the sum of $19,900. The law of Arkansas makes stockholders of a state bank liable for the full par value of stock held by them over and above the original price if necessary to meet the debts of such bank. Plaintiff alleges that the bank in question was taken over by him for...

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