White v. Thomas’s Empirical Analysis
37 F.2d 452 · 1929
Citation profile
2
cited by 2 later decisions
November 1985
most recently cited
2 federal appellate ·
Relationships
Applies 12 U.S.C. § 84
Relies on Martin v. Webb · Bowerman v. Hamner · Gibbons v. Anderson
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 2 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“It is the right and duty of the board to maintain a supervision of the affairs of the bank; to have a general knowledge of the manner in which its business is conducted, and of the character of that business; and to have at least such a degree of intimacy with its affairs as to know to whom, and upon what security, its large lines of credit are given; and generally to know of, and give direction with regard to, the important and general affairs of the bank, of which the cashier executes the details. They are not expected to watch the routine of every day's business, or observe the particular state of the accounts, unless there is special reason....”
1 later decision quote this exact passage · from the majoritye.g. Larimore v. Conover“Directors cannot, in justice to those who deal with the bank, shut their eyes to what is going on around them. It is their duty to use ordinary diligence in ascertaining the condition of its business, and to exercise reasonable control and supervision of its officers.”
1 later decision quote this exact passage · from the majoritye.g. Larimore v. Conover
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.