Missouri State Life Ins. v. Keyes

COCHRAN, District Judge.

This suit is before me on petition for rehearing filed by the defendant against whom a decree was entered upon the hearing. It was for the amount of two certificates of deposit issued by the National Bank of Kentucky, of which the defendant is receiver, and upon which the suit was brought. Each certificate was dated August 21, 1930, was for $250,000, and provided that it was payable to plaintiff’s order six months after date after thirty days’ notice with interest at the rate of 3% per annum. They were issued prior to the closure of the Bank which took place November…