Forbes v. Mohr

The opinion of the court was delivered by

Cunningham, J..:

Plaintiffs in error were directors in the Wathena State Bank and defendant in error brought this action against them to recover deposits made by him in that bank, it having become insolvent. The claimed liability was based upon the provisions of sections 471 and 472, General Statutes of 1901, the same being sections 65 and 66 of the banking layL.(Laws 1879, ch. 47, §§ 1, 2), which, so far as they are necessary to be considered in this case, are as follows :

“It shall be unlawful for any president, director, manager, cashier, or other…