Legal Opinion

Bank of Meadville v. Hardy

Mississippi Supreme Court

Decided March 15, 1909PublishedCited by 7 opinions

From the chancery court of Franklin county. Hon. J. S. Hicks, Chancellor. Mrs. Hardy, appellee, was complainant in the court below;, the Bank of Meadville and others, appellants, were defendants there. From a final decree in complainant’s favor the defendants appealed to the supreme court specifically assigning, among other things that their application to vacate the appointment of -a receiver was wrongfully denied. The opinion of the court states the facts.

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From the chancery court of Franklin county. Hon. J. S. Hicks, Chancellor. Mrs. Hardy, appellee, was complainant in the court below;, the Bank of Meadville and others, appellants, were defendants there. From a final decree in complainant’s favor the defendants appealed to the supreme court specifically assigning, among other things that their application to vacate the appointment of -a receiver was wrongfully denied. The opinion of the court states the facts. The question here for decision is ,whether or not there was a suit pending in the court below when the learned chancellor of that court…

1Opinion of the CourtFletcher, J.

On or about February 15, 1908, the Bank of Meadville, a corporation, found itself in a failing condition, due partly to the general financial condition of the country and partly to mismanagement on the part of its cashier. Indeed, it is contended by appellants that the cashier was guilty of criminal peculations. However that may be, at a stockholders’ meeting held on February 15th it was determined, among other things, that the bank should make a general assignment, since it was deemed impossible that it could be continued as a going con-*590corn. Thereupon Mrs. Nonna M. .Hardy, who owned certain…

2Cases cited3 opinions

  1. Hardy v. McClellanMississippi Supreme Court · 1876
  2. Jones v. WilliamsMississippi Supreme Court · 1884
  3. Childress v. CarleyMississippi Supreme Court · 1908

3Cited by7 opinions

  1. Whitley v. BradleyCalifornia Court of Appeal · 1910
  2. Eastman-Gardner Co. v. LeverettMississippi Supreme Court · 1925
  3. Yazoo Delta Mortgage Co. v. HutsonMississippi Supreme Court · 1925
  4. McRae v. Ashland Plantation Co.Mississippi Supreme Court · 1940
  5. Steverson v. McLeod Lumber Co.Mississippi Supreme Court · 1919

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