Eastland County v. Chapman

We have carefully examined the motions for rehearing by plaintiff in error and by defendant in error, and are of the opinion they should be overruled.

The importance of the question raised, and the. force with which counsel for the commissioner of banking presents the matter, justify us in elaborating our reasons for affirming the judgment in part against the depositor’s guaranty fund.- It is ‘insisted by the commissioner that, since our statutes alone furnish the authority for the county commissioners to deposit the public funds, any attempt by them to do so which is not *630in compliance with…