Elberton & Eastern Railroad v. Green

A bank became insolvent, and was taken in charge by the superintendent of banks. Certain persons instituted an action against the officers of the bank. It was alleged tliat the bank was insolvent more than two months before it closed; that the defendants knew of such in*892solvency, and it was their duty to close the bank; that they did not do so, but continued to operate the bank and allowed the petitioners to make therein deposits in stated amounts, and to suffer loss and injury for which the defendants are liable jointly and severally. The prayers were for process, for judgment, and for…