Legal Opinion

Ex parte Hoese

South Dakota Supreme Court

Decided June 3, 1925No. File No. 5946PublishedCited by 6 opinions

1Opinion of the CourtGates, J.

Petitioners were held to answer upon a criminal charge of having, as officers of a state bank, made an excessive loan to a corporation in violation of section 8980, Rev. Code 1919, as amended by chapter 114, 'Laws 1923. The basis of this habeas corpus proceeding is that the complaint does not charge the commission of a public offense. The solution of the question depends wholly upon an interpretation of the statute.

As it appeared in the Code, said' section 8980 read (italics ours) :

“No individual, firm or corporation transacting a banking business in this state shall loan to any corporation,…

2Cases cited1 opinion

  1. Krakowski v. WaskeySouth Dakota Supreme Court · 1914

3Cited by6 opinions

  1. Ledwith v. Bankers Life InsuranceNebraska Supreme Court · 1952
  2. Elfring v. PatersonSouth Dakota Supreme Court · 1939
  3. Alexander v. HighfillWashington Supreme Court · 1943
  4. Estate of McKee v. StateNorth Dakota Supreme Court · 1942
  5. Ketcham v. IowaCourt of Appeals for the Eighth Circuit · 1930

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