LaRue v. Bank of Columbus

Opinion op the Court by

Chiep Justice Miller.

Affirming.

The appellant, Mrs. L. M. LaRué, who was the plaintiff below, owned 30 shares of the capital stock of the Farmers Bank of Columbas, of the par value of $¿,000.

’ While it is not expressly stated in the pleadings, it is apparent that the Farmers Bank became embarrassed in the summer of 1911; and, with the view of liquidating its business and immediately satisfying its depositors, the bank, by C. H. Beshears and his four co-directors, entered into ,¿ written contract with the appellee, the Bank of Columbus, by which the last named bank…