Dunbar v. Fant

The opinion of the Court was delivered by

Mr. Chief Justice BeEase.

Basing his action upon the statutory enactments now contained in Sections 7844 and 7852 of the Code, the appellant sought to recover of the respondents Fant, formerly the State Bank Examiner, and the surety on Fant’s official bond, damages alleged to have been sustained by the depositors and creditors of the Cowpens Security Bank, because of the failure of Fant “to well and truly perform the duties of his office.” The complaint alleged that Fant “failed to perform his duties, in that he failed to remedy or discontinue” certain…