Andrew v. First Trust & Savings Bank

The claimant-appellee, Mrs. Dave Shapiro, filed a claim with L. A. Andrew as receiver of the First -Trust & Savings Bank of Sioux City, Iowa, for $2,000, and asks that it be allowed as a preferred claim under the provisions of section 9239-cl of the 1931 Code. The receiver classified the claim as a depositor’s claim. Objections were filed to such classification by the claimant. Testimony was taken before a referee, and the referee reported to the court sustaining the action of the receiver in classifying the claim. Objections were filed by the claimant to this report, and upon hearing…