Browning v. Ray

GREGORY, J.,

delivered the opinion of the court..

King F. Ray was awarded a judgment for $1,000.00 against H. M. Browning, receiver of Farmers and Miners Bank of Honaker by decree entered at the December Term, 1932, of the Circuit Court of Russell county. From this decree an appeal was granted by this court.

On June 30, 1924, the above named bank was closed by order of the State Corporation Commission and H. M. Browning was appointed receiver therefor. Among its assets was a note for $1,000.00 made by King F. Ray and his wife, Annie T. Ray. On September 20, 1924, the receiver recovered a…