Mountrail County v. Farmers State Bank

In 1921 the legislature passed chapter 56, Session Laws of 1921, for depositories for public funds, and thereafter the county of Mountrail, under and by virtue of the said law, designated the Farmers State Bank at Sanish, N. D., The Scandinavian American Bank at Van Hook, N. D., and the Blaisdell State Bank at Blaisdell, N. D. as county depositories. Section 2, page 109 of said chapter 56 provides:

“Before any deposit shall be made in any depository by or in behalf of any of the corporations enumerated in § 1 of this act, such depository shall furnish a bond payable to the public corporation…