Lemke v. First National Bank of Appleton

The court has carefully reviewed the voluminous testimony taken in the case and is satisfied that there is no proof which would warrant a jury in finding either the bank or its president liable in this action.

The case falls clearly within the rule of De Swarte v. First Nat. Bank of Wauwatosa, 188 Wis. 455, 206 N. W. 887, 892, 893. In this case, as in the Wauwatosa Case, there is no proof “that the bank or any of its officers had engaged in the business of making representations or giving advice on the value of securities. . . . There was no evidence that any such express or implied authority…