Muir v. Citizens National Bank

Citations

• 39 Wash. 57
• 80 P. 1007
• 1905 Wash. LEXIS 815

Syllabus

<p>Banks and Banking—National Bank in Process ok Liquidation—Subsequent Transfer of Stock—Entry on Books. A national bank, in process of voluntary liquidation, cannot be compelled to enter subsequent transfers of stock on its books and issue new certificates thereof; since, under U. S. Rev. Stats., § 5220, its business is closed for all purposes except winding up its affairs, and a transferee of its stock is merely an equitable owner of an interest in the assets.</p>