· 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
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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