Coddington v. Canaday
Indiana Supreme Court
From Delaware Circuit Court; Cl. li. Koons, Judge. Action by Jesse Canaday as receiver of tbe Citizens Bank of Union City against Benjamin E. Coddington and others as directors for_damages resulting from alleged negligence in the management of the affairs of the bank. Erom a judgment for plaintiff, Coddington and Smith, appeal.
1Opinion of the CourtDowling, J.
This action was brought by the appellee, in his own name, as the receiver of the Citizens Bank of *246Union City, Indiana, against the appellants, and others, who were the directors of that corporation. Its object was to recover damages alleged to have been sustained by the bank by reason of the negligence of the directors, and the gross mismanagement of the financial affairs of the corporation by them. The suit was commenced in the Randolph Circuit Court, the venue afterwards being changed to- Delaware county. Motions were made by appellants to strike out parts of the complaint; to strike out…
2Cases cited17 opinions
- Brewer v. Proprietors of the Boston TheatreMassachusetts Supreme Judicial Court · 1870
- McCoy v. AbleIndiana Supreme Court · 1892
- Debolt v. CarterIndiana Supreme Court · 1869
- Cargar v. FeeIndiana Supreme Court · 1894
- Pence v. AugheIndiana Supreme Court · 1885
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3Cited by31 opinions
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- Federal Deposit Insurance Corporation v. Gilbert BiermanCourt of Appeals for the Seventh Circuit · 1993
- Bank of Commerce v. GoolsbySupreme Court of Arkansas · 1917
- Euler v. EulerIndiana Court of Appeals · 1913
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