State ex rel. Sorensen v. State Bank

I cannot agree with the majority opinion in this case. To go back to the old custom of each district judge appointing independent receivers in each county for failed banks will, in my opinion, defeat the whole plan worked out so carefully by the legislature.

From the first, our guaranty plan has been approved by the United States supreme court. In deciding the case of Noble State Bank v. Haskell, 219 U. S. 104, 55 L. Ed. 112, and its companion case of Shallenberger v. First State *116Bank, 219 U. S. 114, Justice Holmes said: “If then the legislature of the state thinks that the public welfare…