Wisconsin Supreme Court May 17, 1938 (Banking Commission v. Purves)

Fowler, J.

The defendant formerly held thirty-four shares of stock in the Friendship State Bank. The bank ■ is in the hands of the Banking Commission for liquidation. The plaintiff imposed an assessment of $3,400 on the defendant under sec. 221.42, Stats., which imposes superadded liability on stockholders of state banks.