Ohio Supreme Court March 29, 1927, 19925 (Neikirk v. Republic Banking Co.)

Robinson, J.

Irving B. Neikirk, prior to November, 1917, was the cashier of the defendant in error bank. The bank had a paid-in capital and surplus of not to exceed $15,000, and therefore was not authorized by law to loan or extend credit to any one person or any single entity in excess of $3,000.