Mobley v. Faircloth

The ruling made in the headnotes is in response to a question certified by the Court of Appeals. In Shannon v. Mobley, 166 Ga. 430 (10) (143 S. E. 582), this court dealt with substantially the same question. The superintendent of banks *809brought suit against the officers and directors of a bank, alleging violation of the banking laws in making worthless loans. There was a demurrer to the petition, on the ground that more than four years had elapsed from the making of the loan to the filing of the suit, and therefore the suit was barred by the statute of limitations. In that case it appeared…