Ponchatoula Farm Bureau Ass'n v. Tangipahoa Bank & Trust Co.

LAND, Justice.

On April 25,1934, suit was filed by plaintiff association against defendant bank, in liquidation, represented by J. S. Brock, state bank commissioner, liquidator, - and C. C. Smith, his special agent, and A. L. Mixon, assistant special agent.

The purpose of the suit was to have a note held by the bank compensated by plaintiff’s deposit in the bank, and the note, with the attached collateral, returned to plaintiff, which also claimed a credit of $471.09, payable in due course of liquidation. Tr. pp. 6-9.

On May 12, 1934, the special agents to the state bank commissioner, the…