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BATES v. DRESSER

Nos. 155-158.

251 U.S. 524 (1920)

40 S.Ct. 247

64 L.Ed. 388

BATES, RECEIVER OF THE NATIONAL CITY BANK OF CAMBRIDGE, MASSACHUSETTS, v. DRESSER, ADMINISTRATOR OF DRESSER. DRESSER, ADMINISTRATOR OF DRESSER, v. BATES, RECEIVER OF THE NATIONAL CITY BANK OF CAMBRIDGE, MASSACHUSETTS. BATES, RECEIVER OF THE NATIONAL CITY BANK OF CAMBRIDGE, MASSACHUSETTS, v. DEAN, EXECUTOR OF GALE, ET AL. BATES, RECEIVER OF THE NATIONAL CITY BANK OF CAMBRIDGE, MASSACHUSETTS, v. BUNKER ET AL., ADMINISTRATORS, ETC., OF RICHARDSON.

Supreme Court of United States.

Decided March 1, 1920.

Attorney(s) appearing for the Case

Mr. Frank N. Nay, with whom Mr. William A. Kneeland was on the brief, for appellant in Nos. 155, 157, 158, and appellee in No. 156.

Mr. Robert G. Dodge, with whom Mr. Robert M. Morse, Mr. Paul Dudley Dean, Mr. John B. Sullivan, Jr., and Mr. Harold S. Davis were on the brief, for appellant in No. 156 and appellees in Nos. 155, 157.

Mr. Clarence Alfred Bunker for appellees in No. 158.

Mr. Albert E. Pillsbury, with whom Mr. Arthur P. French was on the brief, for Barber, appellee in No. 157.

MR. JUSTICE HOLMES delivered the opinion of the court.

This is a bill in equity brought by the receiver of a national bank to charge its former president and directors with the loss of a great part of its assets through the thefts of an employee of the bank while they were in power. The case was sent to a master who found for the defendants; but the District Court entered a decree against all of them. 229 Fed. Rep. 772. The Circuit Court of Appeals reversed this decree...

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