Supreme Court of the United States March 18, 1912, 171 (Thomas v. Taylor)

Mr. Justice McKenna

delivered the opinion of the court.

Action against plaintiffs in error for attesting as directors a false report, as it is alleged, of the condition of The Citizens’ National Bank of Saratoga Springs, New York, whereby the plaintiff in the action (defendant in error)

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was deceived and induced to purchase thirty shares of the stock of the bank for the sum of $160 per share,