Harkey v. Mobley

TITUS, Judge.

The individual plaintiffs and defendants are stockholders of the Cardwell State Bank. Throughout 1972 (although plaintiff Browning was ineligible to serve as a director because of the provisions of § 362.-245-4, V.A.M.S.), the plaintiffs acted as four of the seven directors of the Cardwell bank. Defendant Miller was the bank’s president and, until the regular December 1972 meeting of the board, defendant Mob-ley was chairman of the board. Mobley was also a stockholder, president and chairman of the board of defendant Senath State Bank.

With their 1970 U. S. Census population shown…