City of Canby v. Bank of Canby

JULIES J. OLSON, Justice.

Defendants appeal from an order denying their motion for new trial.

The case was heard by the court. Findings were made upholding plaintiff’s claim, to the effect that a certain deposit of $1,531.09 in defendant bank at the time of its closing was a preference claim. The question for determination is whether or not, as stated by appellants, the finding that the fund involved Avas received by the de fendant bank as a trust fund to be by it kept and accounted for as such, is sustained by the evidence. The facts, which are not in dispute, may be summarized thus:

Canby is a…