State Ex Rel. Robertson v. First State Bank of Ripley

These are four intervening petitions in which the petitioners seek to impress a trust upon the cash assets of the defunct First State Bank of Ripley in the hands of D. D. Robertson, superintendent of banks, as receiver. The First State Bank of Ripley failed on December 21, 1932, and shortly thereafter its assets were taken in charge by the superintendent of banks as receiver under a decree of the chancery court of Lauderdale county. This bank was organized in December, 1931, for the purpose of taking over the assets and assuming the liabilities of the First National Bank of Ripley and the…