Daniels v. Berry

The opinion of the Court was delivered by

Mr. Justice StabeEr.

In 1925, the Bank of Latta closed its doors and a receiver was appointed to take charge of its affairs. Subsequently, this action was brought against the directors of the bank by the plaintiffs, certain of its depositors, upon the theory that the directors were liable to the plaintiffs, as depositors, for the loss of certain deposits made by them and received by the bank while insolvent. This appeal is from an order of his Honor, Judge- Dennis, sustaining a demurrer to the complaint.

The allegations of the complaint, for the purposes…