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JONES NATIONAL BANK v. YATES

Nos. 163, 164, 165, 166.

240 U.S. 541 (1916)

36 S.Ct. 429

60 L.Ed. 788

JONES NATIONAL BANK v. YATES. BANK OF STAPLEHURST v. SAME. UTICA BANK v. SAME. BAILEY v. SAME.

Supreme Court of United States.

Restored to docket for reargument June 21, 1915.

Reargued January 12, 13, 1916.

Decided April 3, 1916.

Attorney(s) appearing for the Case

Mr. J.J. Thomas, with whom Mr. L.C. Burr and Mr. A.B. Hayes were on the brief for plaintiffs in error.

Mr. Halleck F. Rose and Mr. Frank E. Bishop, with whom Mr. Frank M. Hall, Mr. Joseph F. Stout and Mr. Arthur R. Wells were on the brief, for defendants in error.

MR. JUSTICE HUGHES delivered the opinion of the court.

The Capital National Bank of Lincoln, Nebraska, suspended payment on January 21, 1893. The plaintiffs in error were unpaid depositors and brought these actions against directors of the bank to recover damages attributed to false representations of the bank's condition. With their denials of breach of duty, the defendants averred that their liability, if any, was to be...

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