State v. Bartlett

— The. Union State Bank of West Bend, Iowa, was a banking corporation under the laws of the state of Iowa. On the 2d day of January, 1925, after having been désignated as a depository for county funds by the board- of supervisors of Palo Alto County, it executed its depository bond in the penal sum of $125,000, which bond was duly approved, according to law, by the county treasurer and board of supervisors of that county, and thereupon the county treasurer deposited with said bank the sum - of $125,000. The defendants in this-' case were sureties on such bond.

At the time the bank' closed, on…