State v. Johnson

Defendants were convicted upon a charge of violating Rem. Rev. Stat., §§ 3258 and 3259, relating to banks and trust companies. Motions in arrest of judgment and for a new trial having been denied, sentence was pronounced and judgment was entered.

The information charged that, on January 2,1931, the defendants, being then and there directors of American Bank of Spokane, a corporation, wilfully, unlawfully and feloniously borrowed from the bank the sum of ten thousand dollars, without a resolution authorizing such loan having been approved by a majority of the directors of the bank and made and…