Andrew v. State Bank

The State Bank of Ellsworth, Iowa, closed its doors on October 12, 1930, and thereafter L. A. Andrew, superintendent of banking .of the state of Iowa, was duly appointed and qualified as receiver. On' October 8th, 9th, and 10th said State Bank of Ellsworth had issued drafts against Iowa-Des Moines National Bank of - Des Moines, Iowa, in the sums of $442.62, $206.07, and $136.32, respectively, all in favor of Farmers State Bank of Ells-worth, Iowa, to cover clearances between the two Ellsworth banks. None of these drafts had been paid at the time of the closing of the State Bank of Ellsworth.

Wi…