Garvy v. Wilder

On petition for rehearing, counsel confidently rely upon the recent decision of the Supreme Court of Illinois, Burnett v.
West Madison State Bank, 375 Ill. 402, 31 N.E.2d 776. That case involved a suit by a creditor to enforce a bank stockholder's
socalled double liability, created by the Illinois Constitution (Article XI, Sec. 6, Smith-Hurd Stats.) The suit was begun
more than five years after the bank was closed by the state auditor, June 11, 1931. The Illinois Supreme Court held the creditor's
suit against the stockholder arose out of a written obligation and the ten year (not the five year) statute of limitations
was applicable.