Martin Commission Co. v. Peoples State Bank

*292The opinion of the court was delivered by

Thiele, J.:

This was an action to establish a preferred claim against a failed state bank.

The plaintiff, hereafter referred to as the commission company, drew its draft for $766.07 against the Cox-Lam Grain & Supply Company of Moran, and caused it, with bill of lading for a car of corn attached, to be sent to the Peoples State Bank, Moran, Kan., for collection and remittance. On December 23,1930, the collection was received by the Moran bank, and on the same day the Cox-Lam company drew its check to the order of the collecting bank for $766.07 and…