Bass v. Commonwealth

Opinion of the Court by

Commissioner Stanley

Reversing.

The appellant, Claude Bass, is the same as in Bass v. Commonwealth, 222 Ky. 310, 300 S. W. 866. As shown in that opinion, he was formerly cashier and principal stockholder of the Farmers’ Bank of White Plains, in Hopkins county, which was closed by the banking department of the state in May, 1925, because of its insolvency. The appellant had not had active management of the bank since August, 1923, although he was its cashier until January 8, 1924, and president until July, 1924, when he disposed of all his stock. The case of Farmers’ Bank…