Netherton v. Farmers Exchange Bank

This is an action by E.W. Netherton, plaintiff, asking to have an adjudicated claim against the Farmers Exchange Bank of Gallatin, Missouri, declared to be a preferred claim.

On March 4, 1926, the aforesaid bank was closed and placed in the hands of Commissioner of Finance for liquidation. At the time of the commencement of this action, S.L. Cantley was the Commissioner of Finance and Joseph M. Martin was Special Deputy in charge of the bank.

The evidence discloses that on November 1, 1924. the plaintiff was indebted to the bank in the sum total of $3,335. This indebtedness was evidenced by…