State v. American State Bank

This is a controversy between A. F. Ackerman, receiver of the American State Bank of Aurora, an insolvent corporation, and E. J. Ivremer, claimant, as a depositor.

In a proceeding by the state of Nebraska to wind up the *93affairs of the bank, Kremer filed a claim in which he demanded the surrender of a note in the hands of the receiver and the return of a surplus of $340.50 arising from a fund in the nature of a special deposit. The face of the note is $7,000. It is dated March 1,1920. It was payable 30 days after date. Claimant is the maker and the bank is named as payee. Payment out of funds…