Oklahoma Ex Rel. Johnson v. Cook, 304 U.S. 387 (1938)

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Oklahoma ex rel. Johnson v. Cook


No. ___, Original


Decided May 23, 1938
304 U.S. 387

Syllabus

This Court cannot take original jurisdiction of a suit by a State to enforce the statutory liability of a stockholder of a state bank, in process of liquidation through a state officer, where the State, although vested by its laws with legal title to the bank’s assets and to the cause of action sued on, is acting merely for the benefit of the bank’s creditors and depositors. Pp. 392-396.

Leave to file denied.

Upon application of the State for leave to bring an original action, and response of the proposed defendant to a rule to show cause.