California Supreme Court August 27, 1908, L.A. No. 2106. (People Ex Rel. U. S. Webb v. Bank of San Luis Obispo)

ANGELLOTTI, J.

This is an appeal by the defendants, a banking corporation, and its directors, from a judgment given in a proceeding instituted under the provisions of an act entitled “An act creating a board of bank commissioners and prescribing their duties and powers,” approved March 24, 1903 (Stats. 1903, p. 365), as amended March 20, 1905 (Stats. 1905, p.