Smith v. American Express Co.

By bill in equity the American Express Company seeks to be decreed entitled to a preference in payment from the assets of an insolvent State bank in the hands' of a liquidator appointed by the State Comptroller under a statute of the State of Florida.

The chancellor decreed for the complainant American Express Company, and the liquidator appealed.

Appellant states the “Question involved: is the Express Company entitled to payment in full of the amount due to it by a defunct Miami bank, when the account is one carried on the books of the bank, with the consent of the Express Company, as…