Minshull v. American Surety Co. of New York

This action is here upon an agreed statement of facts, from which it appears that the plaintiff is the state supervisor of banking, who is liquidating the business of the Citizens State Bank of Prosser, Benton county, Washington, which went into liquidation on June 21,1924; that prior to that date one Macy was the county treasurer of Benton county and had deposited money coming into his hands as treasurer in the Citizens State Bank, and on that day the bank was indebted to him, as treasurer, on account of money deposited as public funds, $129,952.44; that to secure this indebtedness Macy, as…