Appelget v. State

For convenience and brevity, the plaintiffs in error will be referred to as defendants.

The defendants were stockholders and officers of the Bank of Goltry. In connection with one H. 0. Brown they entered into negotiations with J. B. Vosburg for the purchase of the stock of the Farmers’ State Bank of Lahoma. After some negotiations, the two defendants, with Brown at Lahoma, concluded a purchase of 85 shares of the stock of that bank for an agreed consideration of $22,100. This transaction was concluded on March 5th. H. 0. Brown had a little personal property of inconsequential value, and had…