Fant, Examiner v. Easley Loan Trust Co.

May 9, 1933. The opinion of the Court was delivered by The Easley Loan Trust Company is a banking corporation, which, during the year 1929, had its place of business at Easley, S.C. November 8, 1929, its affairs were taken over by the State Bank Examiner, and on November 29, 1929, J.L. Love was made receiver thereof and is now engaged in the discharge of the duties of that office.

Smith Bros. was a partnership composed of Lloyd H. Smith and Ralph H. Smith, engaged in the business of buying and selling cotton; their office was across the street from the banking house of Easley Loan Trust…