In Re Canal Bank & Trust Co.

JANVIER, Judge.

This suit is brought by the city of New Iberia by way of intervention in the liquidation of Canal Bank & Trust Company. The intervener claims a lien on all of the property and assets of the bank by virtue of the provisions of section 1 of Act No. 63 of 1926, which reads as follows:

“That when any bank receives as agent (whether as agent of another bank or of any person, firm or .corporation) for collection and remittance or delivery to its principal and not for deposit any bill, note, check, order, draft, bond, receipt, bill of lading, or other evidence of indebtedness, or other…