First Nat. Bank of Ada v. Schulte

Opinion by

WILLIAMS, O.

E. V. Estill et al., as taxpayers, in the name of the state of Oklahoma, cotamenced two separate actions 'as plaintiffs against the First National Bank of Ada, Okla., to recover a penalty agalnsc the bank pursuant to statutory provisions. The penalty statute in question provides that if the county commissioners shall enter into certain unlawful cont-raccs, under certain conditions a taxpayer may have judgment against the parties guilty of the wrongful conduct for double the value of the property lost to the county. The statute further provides -that Gne-half of the…