McDowell v. Rees

Elk National Bank of Fayetteville was duly chartered and organized under the banking laws of the United States many years ago, with its situs and principal place of business in the town of Fayetteville, Lincoln County, Tennessee, and operated as such banking association until March 1, 1933, when it suspended business and was placed in the hands of a conservator, under whose control it remained until March 30, 1934, on which latter date the complainant John D. McDowell was, by reason of its insolvency, appointed receiver thereof by the Comptroller of the Currency of the United States, and was…