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· 10/9/1939

Foreman and Deal v. State

Citations

  • 132 S.W.2d 13
  • 198 Ark. 888
  • 1939 Ark. LEXIS 145

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding the directors grossly negligent after they received a report from a bank examiner that alerted them to the bank's critical condition, but they nonetheless declined to give close attention to bank affairs
  • finding the directors grossly negligent after they received a report from a bank examiner that alerted them to the bank's critical condition, but they nonetheless declined to give close attention to bank affairs
  • bank directors liable for losses due to misappropriations of cashier who “felt free to pursue [misconduct] without fear of detection by the directors through their failure to discharge the functions of their office”

Source: CourtListener parenthetical corpus (CC0).

Judges: Smith

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.