[Download] "Flynn v. Crume" by United States Court of Appeals for the Seventh Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: Flynn v. Crume
- Author : United States Court of Appeals for the Seventh Circuit
- Release Date : January 20, 1939
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 52 KB
Description
This appeal is from a judgment entered in favor of defendant, Clara E. Crume, dismissing plaintiffs complaint. Defendant was originally the holder of 186 shares of the capital stock of the First National Bank of Peru, Indiana, which she transferred to her husband on September 19, 1931, taking his note in payment thereof. The stock was transferred on the banks books the same month. In March, 1933, the bank was closed by Presidential order, and reopened only on a restricted basis. A conservator was named, April 21; a receiver was appointed, September 6; a 100% stock assessment was levied, November 2--all in 1933. The husband was notified of his liability, November 7, 1933, and Mrs. Crume on August 7, 1935. This action was begun September 4, 1935.
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