State v. Dunning

Section 1884 of the Code prohibits the receipt of deposits by an insolvent bank and others engaged in like business, and section 1885 fixes the penalty for a violation of the preceding section. So far as it is material to our present inquiry section 1885 is as follows: “If any such bank, banking house, exchange broker, deposit office, firm, company, corporation or person shall receive or accept on deposit any such deposit, as aforesaid, when insolvent, any owner, officer, director, cashier, manager, member or person knowing of such insolvency who shall knowingly receive or accept, be…