Bates v. Dresser’s Empirical Analysis

Citation profile

49 federal appellate · 6 district · 17 state decisions

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 92 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. ““The question of the liability of the directors in this ease is the question whether they neglected their duty by accepting the cashier’s statement of liabilities and failing to inspect the depositors’ ledger. * * * Some animals must have given at least ope exhibition of dangerous propensities before the owner can be held. This fraud was a novelty in the way of swindling a bank so far as the knowledge of any experience had reached Cambridge before 1910. We are not prepared to reverse the finding of the master and the Circuit Court of Appeals that the directors should not be held answerable for taking the cashier’s statement of liabilities to be as correct as the statement of assets always was. If he had not been negligent without their knowledge it would have been. Their confidence seemed warranted by the semiannual examinations by the Government examiner and they were encouraged in their belief that all was well by the president, whose responsibility, as executive officer; interest, as large stockholder and depositor; and knowledge, from long daily presence in the bank, were greater than theirs.””

   1 later decision quote this exact passage · from the majority
   e.g. Anderson v. Akers

2. “‘ ‘ The question of the liability of the directors in this case is the question whether they neglected their duty by accepting the cashier’s statement of liabilities and failing to inspect the depositors’ ledger. The statements of assets always were correct.””

   1 later decision quote this exact passage · from the majority
   e.g. Bates v. Seeds