Scharz v. Twin City State Bank

The opinion of the court was delivered by

Harman, C.:

At issue here is the right to the proceeds of a cashier’s check.

Appellant is superintendent of the Division of Insurance, Department of Business and Administration of the state of Missouri. In this capacity he commenced this action against appellee Twin City State Bank September 24, 1965, under authority of an order of the Circuit Court of Cole county, Missouri, directing him to take charge of the property of the Home Fidelity Life Insurance Company, an insolvent Missouri corporation.

For present purposes the subject of the action below was a…