State v. Powell

The opinion of the court was delivered by

Burch, J.:

An information was filed charging J. N. Richardson, president, O. A. Powell, vice president, and other officers of the American State Bank of Wichita, with violation of the section of the banking act making it a felony for a bank to receive deposits while it is insolvent. Richardson and Powell were convicted at separate trials, and appeal. Assignments of error common to the two cases may be considered together.

The statute reads as follows:

“No bank shall accept or receive on deposit, with or without interest, any money, bank bills or notes or…