Not a bug in samba, then. It won't work if you give it a wrong configuration.
Note that this certainly originates from bug 378367, where
kdenetwork-filesharing rewrites smb.conf entries with "file://" prefixes.
** Changed in: samba (Ubuntu)
Status: New => Invalid
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Samba daemon will not start
https://bugs.launchpad.net/bugs/363055
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