First National Bank v. Bradley
Supreme Court of Kansas
Error from McPherson district court; Matthew P. Simpson, judge. STATEMENT. On January 2, 1896, the stockholders of the First National Bank of McPherson voted to go into voluntary liquidation at the close of business on the day following. The First State Bank of McPherson was organized about that time, under the laws of this state. The president and cashier of the latter were the same persons who held like positions in the First. National Bank.
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Error from McPherson district court; Matthew P. Simpson, judge. STATEMENT. On January 2, 1896, the stockholders of the First National Bank of McPherson voted to go into voluntary liquidation at the close of business on the day following. The First State Bank of McPherson was organized about that time, under the laws of this state. The president and cashier of the latter were the same persons who held like positions in the First. National Bank. Some of the stockholders in the national bank were stockholders in the state bank, but the majority were not. The directors, with few exceptions, were…
1Opinion of the Court
The opinion of the court was delivered by
Smith, J.:
While we have considered all of the numerous assignments of error, reference will be made to but few of them. As to those not mentioned, we hold against the contention of plaintiff in error.
Among the notes guaranteed by the First National Bank and turned over to the First State Bank was one of A. Girard for the sum of $3600, for which judgment in the amount of $4495 was rendered against the defendant below upon the guaranty. After the receipt of this note, and about May 13, 1896, the First State Bank canceled it, and it was surrendered to the…
2Cases cited1 opinion
- Kepley v. Carter & SuggsSupreme Court of Kansas · 1892
3Cited by4 opinions
- Cornett v. RothSupreme Court of Kansas · 1983
- TMG Life Insurance v. AshnerCourt of Appeals of Kansas · 1995
- George E. Failing Co. v. Cardwell Investment Co.Supreme Court of Kansas · 1962
- Kutilek v. Union National Bank of WichitaSupreme Court of Kansas · 1973