Show Directors Must Pay Pay Stockholders Their Loss GE GENEVA E A. A N N. N Y 1 March 11 1 AP API AP- AP I Former ormer Mayor Loui J. J J and eight other oilier director f the Geneva National bank which jf In 1923 today are confronted with payment or of to stockholders wih or of the institution as directed di- di li a supreme su- su In a I verdict returned by preme court jury last night In Canandaigua Canan- Canan may come hart hard It Is generally generally gener- gener ally understood as a. several ot of the directors dl di- rectors declared at the trial they placed huge sums or of their own money Ioney at the banks bank's dIsposal Id In a vain effort efort to ward oU oft failure Stockholders Stockholder I charging negligence mismanagement and snaking ot of excessive and unlawful loans loana sued the tho directors for In the verdict of the jury the director directors tors tor were charged specifically with fai- fai Ing to examine bank records all as members member of the dIscount and examining com of tIle the bank The suit was brou brought ht by business men anti and bankers from from all 01 over western New ew York |