Carney v. Farmers & Merchants State Bank

Devaney, Chief Justice.

Appeal from an order denying plaintiff a new trial.

The defendant Farmers & Merchants State Bank of DeGraff, a Minnesota corporation, was. engaged in the general banking business in Swift county, Minnesota. The defendants Francis J. McQuaid, James J. Welsh, George M. McCarthy, Pat Brennan, James E. McQuaid, J. B. McQuaid, Francis E. McQuaid, and Henry Larson were the directors and the active officers and agents of the bank.

In May, 1929, plaintiff had on deposit in defendant bank, represented by a certificate of deposit, the sum of $1,987.17. On May i, 1929, defendants…