Le Sassier v. Kennedy

Citations

• 123 U.S. 521
• 8 S. Ct. 244
• 31 L. Ed. 262
• 1887 U.S. LEXIS 2190

Syllabus

<p>ERROR TO THE SUPREME COURT OF THE STATE OF LOUISIANA.</p> <p>A sold to B shares in a national bank, and signed a transfer on the books of the company, leaving the name of the transferee blank. After it was known that the bank was embarrassed, B sold the shares to C, an irresponsible person, and filled his name in in the blank. A, being subse- • quently adjudged liable as shareholder under the national banking law in a suit brought by the receiver, paid the judgment and brought suit in the Supreme Court of Louisiana against B for neglect of duty-in failing to insert his name in the transfer. Held, that the case did not arise under the National Banking Act, and that therefore no Federal . question was involved.</p>