Legal Opinion

Solomon v. . Bates

Supreme Court of North Carolina

Decided February 5, 1896PublishedCited by 52 opinions

Civil aotioN, heard before Hóke, J., at April Term, 1895, of New HaNOVer Superior Court, on complaint and demurrer. The demurrer was overruled and defendants appealed. The facts fully appear in the opinion of Associate Justice OlakK.

1Opinion of the Court

Clark, J.:

This is an action brought by a depositorjn a bank, which has become insolvent, against the directors thereof personally. The first cause of action sets out that the defendants were directors; that under the by-laws, adopted by the'stoekholders and directors, it became the duty of the defendants actively to manage and superintend the business of the bank; to examine each Tuesday the discount book, containing a statement of all loans made, to whom made, the securities therefor, and when duo; to appoint, each three months, a committee of two from the board of directors to examine the…

2Cases cited19 opinions

  1. Briggs v. SpauldingSupreme Court of the United States · 1891
  2. Dawson Bank v. HarrisSupreme Court of North Carolina · 1881
  3. Huntington v. . AttrillNew York Court of Appeals · 1890
  4. Townsend v. . WilliamsSupreme Court of North Carolina · 1895
  5. Purcell v. Richmond & Danville RailroadSupreme Court of North Carolina · 1891

14 more not listed; retrieve them via the Exa API.

3Cited by52 opinions

  1. Norman v. Nash Johnson & Sons' Farms, Inc.Court of Appeals of North Carolina · 2000
  2. Roberts v. . RobertsSupreme Court of North Carolina · 1923
  3. McIver v. Young Hardware Co.Supreme Court of North Carolina · 1907
  4. Hough v. Southern Railway Co.Supreme Court of North Carolina · 1907
  5. Hines v. WilsonSupreme Court of Georgia · 1927

47 more not listed; retrieve them via the Exa API.

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