Gillen v. Wakefield State Bank

William R. Poucher, as receiver of Philip R. Colegrove, filed the bill of complaint herein for discovery, and to declare a fund, arising from the sale of livestock by Colegrove, deposited in the defendant bank and set off by the bank against Colegrove’s prior indebtedness thereto, a trust fund for the benefit of Colegrove’s creditors, and for other relief. Colegrove was engaged in the business of livestock dealer in Morenci and vicinity, shipping from various points. He did his banking business with defendant for several years. He was a farmer, shipping his own stock, the stock of other…