HAYNES v. PIERCE

No. 4481.

6 F.Supp. 403 (1934)

HAYNES v. PIERCE et al.

District Court, W. D. Oklahoma.

February 28, 1934.


Attorney(s) appearing for the Case

Maris & Maris, of Ponca City, Okl., and Howard W. Patton, of Woodward, Okl., for plaintiff.

Cress, Tebbe & Cress, of Perry, Okl., for defendants.


VAUGHT, District Judge.

The plaintiff brings this action, as receiver of the Billings National Bank, against the defendants, as members of the board of directors of said bank, charging said directors with negligence in failing to see that the cashier was properly bonded, and also in permitting the bank to acquire $30,000 of Covington Pipe Line bonds and carrying said bonds in the assets of said bank for a period of two and...

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