Smee School District No 4 v. Salzsiedler

This is an action by the plaintiff school district to secure possession of certain warrants issued by the plaintiff or a money judgment for their value. The case was tried to the court, and' findings and judgment were in favor of the defendants, and from this judgment and order denying motion for new trial plaintiff has appealed.

The record discloses that the Wakpala State Bank suspended business on the 22d day of December, 1928, and the superintendent of banks took charge of the affairs of the bank immediately thereafter for purposes of liquidation. Corson county had on deposit on the date of…