Citizens' Trust Co. v. Croll

EVAN A. EVANS, Circuit Judge.

Plaintiff brought this action to recover $20,000 and interest, alleged to have been paid defendants for stock purchased by one Tindle, cashier of the defunct Pemiscot County Bank, out of funds of such bank. A jury was waived and the trial judge made findings of fact, which fully cover the issues presented by the pleadings. We quote therefrom:

*422“(1) The Pemiscot County Bank, of Caruthersville, Mo., was a corporation organized under the laws of the state of Missouri as early as 1907. The secretary’s record book does not disclose any by-laws and none are introduced in…