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Citation: 224 U.S. 73

1. Thomas v. Taylor, No. 171., SUPREME COURT OF THE UNITED STATES, Argued February 28, 1912. , March 18, 1912, Decided

OVERVIEW: Where bank directors had actual knowledge that bank stocks were probably worthless, they were liable for both common law deceit and violation of a statutory duty under the National Bank Act, by inducing bank customer to purchase the stock.


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