State ex rel. Davis v. Peoples State Bank

The Peoples State Bank of Anselmo, Custer county, Nebraska, hereinafter referred to as the “bank,” was a duly organized banking corporation under the laws of this state, with a capital stock of $15,000. The bank became insolvent, and on June 9, 1921, a receiver was duly appointed to wind up its affairs. At the time the bank failed, W. L. McCandless, as county treasurer of Custer county, had on deposit therein $44,000. As county treasurer, McCandless duly filed a claim for this amount with the receiver, asking that it be allowed and paid out of the depositors’ guaranty fund of the state. The…