Legal Opinion
Payne v. Ostrus
Court of Appeals for the Eighth Circuit
Decided June 5, 1931No. 8871PublishedCited by 59 opinions
1Opinion of the Court
VAN VALKENBURGH, Circuit Judge.
This is a suit in equity by the receiver of the First National Bank of Cumberland, Iowa, against T. E. Ostras, C. E. -Studley, O. E. Ostrus, E. E. Wollenhaupt, and G. E. Wollenhaupt, directors of said bank. The bank closed its doors June 30, 1926. The bill of complaint is divided into three divisions, each division being subdivided into several counts, and each count into a number of paragraphs. Described generally, division 1 bases the liability of the directors upon their acts in making or approving excessive loans. This charge is thus stated: “That during the…
2Cases cited21 opinions
- Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
- McClaine v. RankinSupreme Court of the United States · 1905
- Coffin v. United StatesSupreme Court of the United States · 1896
- Yates v. Jones National BankSupreme Court of the United States · 1907
- Bowerman v. HamnerSupreme Court of the United States · 1919
16 more not listed; retrieve them via the Exa API.
3Cited by59 opinions
- Dickens v. PuryearSupreme Court of North Carolina · 1981
- Armstrong v. McAlpinCourt of Appeals for the Second Circuit · 1983
- Armstrong v. McalpinCourt of Appeals for the Second Circuit · 1983
- Michelsen v. PenneyCourt of Appeals for the Second Circuit · 1943
- Bovay v. H. M. Byllesby & Co.Supreme Court of Delaware · 1944
54 more not listed; retrieve them via the Exa API.