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Elfreth v. Slaughter

CIRCUIT COURT OF APPEALS, THIRD CIRCUIT


February 4, 1935

MARGARET C. ELFRETH AND WM. M. CLEVENGER, APPELLANTS,
v.
LAURENCE A. SLAUGHTER, RECEIVER OF UNION NATIONAL BANK OF ATLANTIC CITY, ET AL., APPELLEES

Appeal from the District Court of the United States for the District of New Jersey.

Before BUFFINGTON, DAVIS, THOMPSON, Circuit Judges.

Per Curiam.

In the court below the appellants, stockholders of an insolvent national bank now in the hands of a receiver, sought to enjoin such receiver from enforcing an assessment on the stockholders made by the Comptroller of the Currency.

Relying on Miller v. Stock, 65 F.2d 773, 90 A.L.R. 1061, a decision by this court, and Schram v. Schwartz, 68 F.2d 699, of the Second Circuit, the court below refused the sought for relief. Whereupon, the shareholders took this appeal.

It is clear the court committed no error, and its decree is therefore affirmed.

19350204

© 1998 VersusLaw Inc.



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