RINGEON v. ALBINSON


35 F.2d 753 (1929)

RINGEON v. ALBINSON et al.

District Court, D. Minnesota, Second Division.

September 11, 1929.


Attorney(s) appearing for the Case

E. H. Nicholas, of Jackson, Minn., and James G. Mott, of Worthington, Minn., for plaintiff.

A. R. English, of Tracy, Minn., and J. H. Hall, of Marshall, Minn., for defendants.


CANT, District Judge.

This is an action to enforce the liability of directors of a defunct national bank, and to collect damages from them on account of losses sustained by such bank. The defendants are sought to be charged both under the statute and under the common law.

Where the gist of the action is a violation of the duty imposed by the National Bank Act (12 USCA § 1 et seq.), to justify a recovery, it must in effect be shown that there has been...

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