Snodgrass v. Johnson

The opinion of the court was delivered by

Smith, J.:

This is an action by a-depositor in a failed bank in which plaintiff asks to have his deposit declared a preferred claim.

On December 27, 1932, plaintiff shipped a carload of cattle to Kansas City. Before shipping he inquired of the State Bank of Grenola the name of its corresponding bank in Kansas City. He was told that the Fidelity National Bank and Trust Company had that relationship. On December 27 the cattle were sold and the check in payment therefor was deposited by a commission firm with the Fidelity bank to the credit of the Grenola…