250 N.W. 27 SNEVE, Respondent, v. HAGEN, et al. Appellants. File No. 7470.Supreme Court of South Dakota. Opinion filed September 19, 1933. 1. Banks and Banking. Reorganization agreement requiring stockholders in insolvent bank to take stock in re-organized bank in lieu of their liability held not “novation” relieving solvent stockholders from liability as against nonconsenting […]
