Carrol v. Green, 92 U.S. 509, 516, 23 L.Ed. 738; McDonald v. Thompson, 184 U.S. 71, 22 S.Ct. 297, 46 L.Ed. 437; Hale v. Coffin, C.C., 114 F. 567, 576; Id., 1 Cir., 120 F. 470, 473; Godfrey v. Terry, 97 U.S. 171, 24 L.Ed. 944; Thompson v. German Ins. Co., C.C.Neb., 76 F. 892; Early v. City of Helena, 8 Cir., 87 F.2d 831, 832; Terry v. McLure, 103 U.S. 442, 26 L.Ed. 403. In fact, until we come to these land bank cases, we have been cited to no authorities holding otherwise as to this statutorily created obligation of stockholders.

It is evident that whether we compute from the maturity of the debts or from the time the conditions arose authorizing an action, we must begin with January 4, 1897, as the time when the statute began to run, and this is in accordance with the great weight of authority. Cook, Stock Stockh. (2d Ed.) § 225; Hollingshead v. Woodward, 107 N. Y. 96; King v. Duncan, 38 Hun, 461; Hawkins v. Furnace, 40 Oh. St. 507; Carrol v. Green, 92 U. S. 509; Terry v. McLure, 103 U. S. 442; Barrick v. Gifford, 47 Oh. St. 180; Morgan v. Lewis, 46 Oh. St. 1; Flash v. Conn., 109 U. S. 371; Baker v. Atlas, 9 Metc. (Mass.) 182; Hilliker v. Hale, 117 Fed. 220.

" The same question again came before the same court in Terry v. McLure, 103 U.S. 442, upon the construction of a similar provision in the charter of the Bank of Chester, and Mr. Justice MILLER affirms the former rulings, and says that the allegations of the bill, the answers of the defendants, and the evidence "all show that the suspension of specie payments took place on the 27th day of November, 1860, and that the statute of limitations of four years of the state of South Carolina, applicable to such cases, bars the complainant's right of recovery." We cannot distinguish the present case from those adjudications, and we accept their interpretation of the force and effect of such imposed statutory responsibility upon individual shareholders, and its duration.