Dorman, Banking Com'r v. Carnes

Opinion of the Court by

Creal, Commissioner—

Reversing.

James R. Dorman, banking commissioner of Kentucky, and Floyd A. Thomasson, special deputy banking #Commissioner, in charge of liquidation of tbe Pendleton Bank, are appealing from a judgment of tbe Pendleton circuit court dismissing their petition as amended in an action whereby they sought to recover of C. W. Carnes- and others on a bond executed pursuant to a written agreement between the Pendleton Bank and the Citizens Bank whereby the former took over the assets and assumed the liabilities of the latter.

As appears from the evidence and…