Morrison v. Bank of Rupert

Hatcher, Judge:

The Bank of Rupert, an insolvent, has been in charge of a receiver appointed by the banking commissioner, since 1932. This suit was brought in 1939, under Code, 31-8-32, to complete the liquidation of the Bank, and involves the disposal of three classes of unclaimed deposits.

The commissioner in chancery to whom the cause was referred reported, after due publication of notice to the creditors, that there were twenty-five deposits of more than $5.00 for which claims were not presented (one class); two hundred and six deposits of less than $5.00 for which checks had been issued…