Corsicana Nat. Bank of Corsicana v. Johnson
Supreme Court of the United States
ERROR TO THE CIRCUIT COURT OF APPEALS FOR THE FIFTH CIRCUIT. The case is stated in the opinion.
1Opinion of the CourtJustice Pitney
This was an action brought under § 5239, Rev. Stats., in the then Circuit now District Court of the United States for the Northern District, of Texas by plaintiff in error, a national banking association which we may call for convenience the Bank, against defendant in error, formerly a member of its board of directors and its vice president, to hold him liable personally for damages sustained by the Bank in consequence of his having knowingly violated, as was alleged, the provisions of § 5200, Rev. Stats., as amended. June 22, 1906, c. 3516, 34 Stat. 451, by participating as such director and…
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