Bush v. Bonner

T. S. Bush and others, as minority stockholders in the Bank of Gray, brought a suit against J. W. Bonner and the Bank of Gray, for the purpose of recovering certain funds alleged to be due to the Bank of Gray by J. W. Bonner. The petition alleged large liabilities on the part of Bonner to the bank, by reason of. his negligent, wrongful, and unlawful conduct as cashier in allowing overdrafts and paying checks contrary to law, and in wrongfully and unlawfully permitting loans in excess of ten per cent, of the capital stock of said bank, without taking good collateral and ample security; and it…