Hood Ex Rel. Commercial Bank & Trust Co. v. Love

The question involved, in substance, is as follows: Where, in an action brought by the Commissioner of Banks against directors of a bank for damages on account of negligent mismanagement, the complaint enumerates in detail negligent acts and omissions of the defendants and alleges that such acts and omissions constituted a general course of dealing and systematic policy of neglect, wrongdoing and mismanagement, in which all defendants participated, and that such negligence proximately caused great losses to the bank, is the complaint demurrable? We think not.

The defendants contend that there…