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OKLAHOMA EX REL. JOHNSON v. COOK

No. ___, Original.

304 U.S. 387 (1938)

58 S.Ct. 954

82 L.Ed. 1416

OKLAHOMA EX REL. JOHNSON, BANK COMMISSIONER, v. COOK.

Supreme Court of United States.

Decided May 23, 1938.

Attorney(s) appearing for the Case

Messrs. Francis C. Brown and Houston E. Hill were on a brief for plaintiff.

Messrs. R.B. Caldwell, Blatchford Downing, Lynn Webb, and John W. Oliver were on a brief for defendant.

MR. CHIEF JUSTICE HUGHES delivered the opinion of the Court.

The State of Oklahoma, upon the relation of its Bank Commissioner, asks leave to bring suit in this Court to enforce the statutory liability of a shareholder of a state bank which is in course of liquidation.

The statutes of Oklahoma provide that the shareholders of every bank organized under the state law "shall be additionally liable for the amount of stock owned." Okla. Stat. 1931, § 9130...

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