First Nat. Bank of Allen v. Daugherty

This is an action on contract to recover a salary for services rendered as president of a banking corporation. The parties are mentioned as they appeared below. The plaintiff. Daugherty, seeks to recover $5.-000 as a reasonable salary for having served as president and managing officer of the First National Bank of Allen from January, 1922, until February, 1924. He was president of said bank from 1917 until February, 1924. but claimed no compensation as such officer until January, 1922. The said bank is the defendant in the action. The minutes of the meeting of the directors of the bank held…