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OKLAHOMA EX REL. JOHNSON V. COOK, 304 U. S. 387 (1938)

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U.S. Supreme Court

Oklahoma ex rel. Johnson v. Cook, 304 U.S. 387 (1938)

Oklahoma ex rel. Johnson v. Cook

No. ___, Original

Decided May 23, 1938

304 U.S. 387


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. 304 U. S. 392-396.

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Page 304 U. S. 388

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

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