United States Fidelity & Guaranty Co. v. Corning State Savings Bank
Supreme Court of Iowa
Appeal from Adams District Court, Hon. H. K. Evans, Judge. This action was brought in equity to recover from the directors of the Corning State Savings Bank the losses alleged to have been sustained by the plaintiff as surety for F. L. La Rue, as administrator of two estates; the petition alleging that he had deposited the funds of said estates in the Corning State Savings Bank, which he himself had rendered insolvent by his criminal and illegal acts, while acting as…
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Appeal from Adams District Court, Hon. H. K. Evans, Judge. This action was brought in equity to recover from the directors of the Corning State Savings Bank the losses alleged to have been sustained by the plaintiff as surety for F. L. La Rue, as administrator of two estates; the petition alleging that he had deposited the funds of said estates in the Corning State Savings Bank, which he himself had rendered insolvent by his criminal and illegal acts, while acting as president and manager of said bank. In the third count of the petition, plaintiff alleged that it had become surety for said…
1Opinion of the CourtSherwin, J.
The original order, transferring the case to the law side of the docket, was made over three years before this appeal was taken, and the appellees contend that the ruling was waived by failing to appeal therefrom within six months. This question is argued only incidentally by the appellant in connection with its argument of the vital question, to wit, the liability of the directors to the jdaintiff for negligence alone, and, as we deem the latter question controlling as to these directors, we shall give but little attention to the order of transfer. The petition shows, and in fact, appellant…
2Cases cited7 opinions
- Hubbard v. WeareSupreme Court of Iowa · 1890
- Boddy v. HenrySupreme Court of Iowa · 1901
- Warfield v. ClarkSupreme Court of Iowa · 1902
- Williams v. DeanSupreme Court of Iowa · 1907
- Frost Manufacturing Co. v. FosterSupreme Court of Iowa · 1889
2 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Douglass v. DawsonSupreme Court of North Carolina · 1925
- Unertl v. BezansonSupreme Court of Iowa · 1987
- Douglass v. . DawsonSupreme Court of North Carolina · 1925
- Michelsen v. PenneyDistrict Court, S.D. New York · 1934
- Daniels v. BerrySupreme Court of South Carolina · 1929
5 more not listed; retrieve them via the Exa API.