GARBER V. CREWS, 324 U. S. 200 (1945)

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U.S. Supreme Court

Garber v. Crews, 324 U.S. 200 (1945)

Garber v. Crews

No. 518

Argued February 6, 7, 1945

Decided February 26, 1945

324 U.S. 200

Syllabus

The double liability imposed on stockholders of national banks by § 23 of the Act of December 23, 1913, held enforceable against one who sold his shares within sixty days of the closing of the bank while insolvent, even though the sale was made in good faith and though the bank's closing was voluntary. P. 324 U. S. 202.

144 F.2d 665 affirmed.

Certiorari, 323 U.S. 701, to review the affirmance of a judgment against the petitioner here in an action to enforce a national bank stockholders' liability.