Kelly v. Applewhite
Mississippi Supreme Court
Appeal from the chancery court of Attala county. Hon. A. Y. Woodward, Chancellor. Bill by Carrie Applewhite and others against C. C. Kelly and others. Demurrer to bill being overruled, defendants appeal. The facts are sufficiently stated in the opinion of the court.
1Opinion of the CourtSykes, J.
Carrie Applewhite and others, appellees in this court, filed their original bill in the chancery court of Attala county against C. C. Kelly and other defendants. The complainants were stockholders in a certain banking company domiciled at Kosciusko. The bill seeks recovery from all the directors of the bank for the “book” value of their stock, as shown by the books of the bank. The gravamen of the bill is the neglect of duty, misconduct, and negligence of the directors, causing the bank to become insolvent and have to go into the hands of a receiver, thereby rendering their stock valueless.…
2Cases cited5 opinions
- Ventress v. WallaceMississippi Supreme Court · 1916
- Metzger v. JosephMississippi Supreme Court · 1916
- Ellis v. H. P. Gates Mercantile Co.Mississippi Supreme Court · 1912
- Bramlette v. JosephMississippi Supreme Court · 1916
- Orlansky v. JohnsonMississippi Supreme Court · 1916
3Cited by1 opinion
- Boyd v. ApplewhiteMississippi Supreme Court · 1920