{
  "id": 8595477,
  "name": "In re Liquidation of the CITIZENS BANK OF MOUNT OLIVE",
  "name_abbreviation": "In re Liquidation of the Citizens Bank",
  "decision_date": "1935-03-20",
  "docket_number": "",
  "first_page": "65",
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    "id": 9292,
    "name": "Supreme Court of North Carolina"
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    "name_long": "North Carolina",
    "name": "N.C."
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      "cite": "194 N. C., 37",
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  "analysis": {
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  "last_updated": "2023-07-14T21:53:32.811961+00:00",
  "provenance": {
    "date_added": "2019-08-29",
    "source": "Harvard",
    "batch": "2018"
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  "casebody": {
    "judges": [],
    "parties": [
      "In re Liquidation of the CITIZENS BANK OF MOUNT OLIVE."
    ],
    "opinions": [
      {
        "text": "Stacy, O. J.\nSection 13, chapter 113, Public Laws 1927, provides for summary assessment of liability of stockholders in insolvent banks, Corp. Com. v. Murphey, 197 N. C., 42, 147 S. E., 667; and further: \u201cAny stockholder may appeal to the Superior Court from the levy of assessment.\u201d No time is designated in the statute for taking the appeal. Hence, we must proceed by analogy to1 the practice in other like cases so as to effectuate the purpose and intent of the law. S. v. Carroll, 194 N. C., 37, 138 S. E., 339.\nWhether it was the intention of the General Assembly that the rules governing appeals from justices\u2019 courts should apply to appeals from such assessments need not be decided on the present record. Higdon v. Light Co., 207 N. C., 39, 175 S. E., 710. \u201cWhere an appeal is expressly or impliedly given, the courts may look to other general statutes regulating appeals in analogous cases and give them such application as the particular case and the language.of the statute may warrant, keeping in view always the intention of the Legislature\u201d\u2014Walker, J., in Cook v. Vickers, 141 N. C., 101, 53 S. E., 740.\nThat the appeal should be taken \u201cwithin a reasonable time\u201d is all the appellant could claim. Blair v. Coakley, 136 N. C., 405, 48 S. E., 804. We agree with the trial court that a delay of nineteen or twenty months is too long.\nAffirmed.",
        "type": "majority",
        "author": "Stacy, O. J."
      }
    ],
    "attorneys": [
      "Langston, Allen & Taylor for appellant.",
      "Kenneth G. Royall and Robert A. Hovis for appellee."
    ],
    "corrections": "",
    "head_matter": "In re Liquidation of the CITIZENS BANK OF MOUNT OLIVE.\n(Filed 20 March, 1935.)\nBanlcs and Banking H a\u2014\nJudgment in this case dismissing an appeal from the levy of the statutory liability on bank stock for laches or because not taken in apt time for that nineteen or twenty months had elapsed since the assessment, is affirmed. N. 0. Code, 218 (c).\nAppeal by C. W. Oliver from Barnhill, J., at October Term, 1934, of WayNe.\nMotion to dismiss appeal from levy of stock assessment.\nThe facts are these:\n1. On 9 January, 1933, the Commissioner of Banks, under authority of O. S., 218 (c), levied a stock assessment against the stockholders of the Citizens Bank of Mount Olive, N. C., including, among others, an assessment of $800 against C. W. Oliver, who appeared upon the books of the bank as the owner of eight shares of its capital stock.\n2. The assessment was docketed in the clerk\u2019s office, \"Wayne Superior Court, 11 January, 1933.\n3. O. W. Oliver had actual knowledge of this assessment in February, 1933.\n4. Notice of appeal was filed 31 August, 1934.\n5. Motion to dismiss the appeal for laches, or because not taken in apt time, was heard and allowed solely upon the procedural ground, without considering the question sought to be raised by the appeal, from which ruling this appeal is prosecuted.\nLangston, Allen & Taylor for appellant.\nKenneth G. Royall and Robert A. Hovis for appellee."
  },
  "file_name": "0065-01",
  "first_page_order": 131,
  "last_page_order": 132
}