Commercial Bank of Arcadia v. Dance

The Commercial Bank of Arcadia in Liquidation instituted this suit through the State Banking Commissioner against R.G. Dance seeking to recover on a promissory note executed by Dance in the sum of $780, with eight per cent per annum interest from April 1, 1934, until paid and for ten per cent attorney's fees thereon. Petitioner alleged that in the liquidation proceedings of said banking corporation P.E. Brown was made the Special Agent of the Liquidator, the State Banking Commissioner. Petitioner further alleged that the note sued on was executed by Dance on January 4, 1934 and made payable…