Legal Opinion

Purcell v. Baker

Court of Appeals of Kentucky (pre-1976)

Decided November 30, 1937Published

1Opinion of the Court

Opinion of the Court by

Creal, Commissioner

Affirming.

On April 22, 1930, the Peoples Bank of Mount Vernon, Ky., pursuant to a resolution of its board of directors, was closed, and its affairs and assets placed under the control of the state banking commissioner who appointed A. M. Hiatt, special deputy banking commissioner, to take charge of the bank and liquidate and distribute its assets.

On May 1, 1935, Ben C. Purcell instituted this action against U. G. Baker, S. D. Lewis, J. C. Griffin, F. E. Miller, and R. H. Miller, directors of the bank, and alleged that, on the date the bank suspended…

2Cases cited10 opinions

  1. Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
  2. Payne v. OstrusCourt of Appeals for the Eighth Circuit · 1931
  3. Carter v. Harlan Hospital Ass'n, Inc.Court of Appeals of Kentucky (pre-1976) · 1936
  4. Preston v. HowellSupreme Court of Iowa · 1934
  5. First National Bank v. Consolidated School District No. 28Supreme Court of Minnesota · 1931

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