Crews v. Garber

This, action involves the liability of a bank director for failure to perform his common-law and statutory duties, and the right of the owners of an escrow account to maintain an action against a director for damages caused by the loss of the account due to such failure.

Plaintiffs seek to recover from the defendant Garber, a director and officer in the Farmers State Bank of Garber, losses sustained by them as owners of a special escrow account, known as the “Crews Estate Oil & Gas Producers Escrow,” as a result of defalcations by the active officers and other directors of that bank, and the…