Turner v. Farmers Exchange Bank

This is an action seeking to establish a claim, as a preferred allowance, against the Farmers Exchange Bank of Gallatin, Missouri, which failed and was placed in the hands of the Commissioner of Finance for liquidation. In due time plaintiff filed his claim against the receiver, which was allowed as an ordinary claim. This suit was instituted to have same declared a preferred claim.

The cause was tried to the court, resulting in a judgment denying a preference, but approving the allowance as a common claim. After an unavailing motion for a new trial, plaintiff prayed for and was granted an…