Bueker v. Aufderheide

The Farmers Merchants Bank of Owensville, Missouri, closed on August 15, 1932. In his own behalf and as assignee of other depositors, plaintiff, on August 22, 1933, commenced this cause against the directors to recover $88,084.52. The cause is based on the claim that when the deposits involved were made, defendants knew that the bank "was insolvent or in failing circumstances."

It would seem that this cause came about from certain activities of one William R. Parker who apparently was a stranger in Owensville and thereabout. Of Parker, plaintiff testified: "Parker is the man from St. Louis who…