9-109.
History: L. 1909, ch. 59, § 1; L. 1919, ch. 89, § 1; R.S. 1923, § 9-109; L. 1927, ch. 88, § 1; L. 1929, ch. 87, § 1; L. 1939, ch. 87, § 1; Repealed, L. 1947, ch. 102, § 143; June 30.
Source or prior law:
G.S. 1868, ch. 23, § 129; L. 1871, ch. 66, § 1; L. 1891, ch. 43, § 10; L. 1897, ch. 47, § 9; L. 1903, ch. 69, § 1.
Cross References to Related Sections:
Later act, see 9-1114, 9-1115, 9-1116, 9-1117, 9-1118.
CASE ANNOTATIONS
1. Suit by officer for salary; allegation of ownership of stock. Bank v. Moore, 75 Kan. 840, 841, 89 P. 1131.
2. Officer regularly elected and acting presumed to be stockholder. Hess v. Bank, 106 Kan. 701, 189 P. 919.
3. Formal election not necessary to entitle officer to hold office. Hess v. Bank, 106 Kan. 701, 189 P. 919.
4. Wrongful discharge of officer; suit for salary for unexpired term. Hess v. Bank, 106 Kan. 701, 189 P. 919.
5. Election as director could not precede acquisition of bank stock. Burns v. Hunter, 126 Kan. 736, 739, 271 P. 398.
6. President's objection to receiving deposits while insolvent admissible as defense. State v. Miller, 131 Kan. 36, 44, 289 P. 483. Modified: 132 Kan. 474, 296 P. 714.
7. Changing president to cashier relieves insuror on fidelity bond. Centerville State Bank v. National Surety Co., 27 F.2d 552.
8. Instruction on this section in a civil action under K.S.A. 9-163 improper. Pirott v. Heinen, 137 Kan. 186, 191, 195, 19 P.2d 723. Modified: 138 Kan. 319, 26 P.2d 453.
9. Party acting as director estopped to deny ownership of stock. Johnson v. Wilson, 142 Kan. 777, 778, 52 P.2d 631.
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