...directors must exercise ordinary care and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figure-heads....entitled under the law to commit the banking business, as denned, to their dulyauthorized officers, but this dc es not absolve them from the duty of reasonable...

...would have been averted. Without reviewing the various decisions on the subject, we hold that directors must exercise ordinary care and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figure-heads. They are entitled under the law...

...reviewing the various decisions on the subject, we hold that directors must exercise ordinary cafe and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figure-heads. They are entitled under the law...

...obligation. Chief Justice Fuller, delivering the opinion of the court, said: — " We hold that directors must exercise ordinary care and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figureheads. They are entitled, tinder the law,...

...would have been averted. Without reviewing the various decisions on the subject, we hold that directors must exercise ordinary care and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figure-heads. They are entitled under the law...

...would have been averted. Without reviewing the various decisions on the subject, we hold that directors must exercise ordinary care and prudence in the administration of the affairs of a bank, and that this includes something more than officiating as figure-heads. They are entitled under the law...

...determined under all the circumstances. (Briggs v. Spalding, 141 US, 132; Movius v. Lee, 30 Fed. Rep., 298.) They are entitled under the law to commit the banking business, as defined, to their duly authorized officers, but this does not absolve them from the duty of reasonable supervision,...

...natural persons who receive a compensation for their services.8 Directors of a bank, for instance, must exercise ordinary care and prudence in the administration of the affairs of the bank — such degree of care as ordinarily prudent and diligent men would exercise; and in determining...

...directors must exercise ordinary care and prudence in administration of the affairs of a bank, and that this includes something more than officiating as figureheads....law to commit the banking business, as defined, to their duly authorized officers, but this does not absolve them from the duty of reasonable supervision,...

...directors must exercise ordinary care and prudence in administration of the affairs of a bank, and that this includes something more than officiating as figureheads....entitled under the law to commit the banking business, as denned, to their duly authorized officers, but this does not absolve them from the duty of reasonable...