Bacastow v. Jeffries

The opinion of the court was delivered by

Hopkins, J.:

The action was one to recover on the bond of a receiver of an insolvent bank. A demurrer to plaintiff’s petition was sustained and he appeals.

*475The plaintiff alleged in substance that the Citizens and Farmers State Bank, then engaged in a general banking business at Arkansas City, was taken over by the bank commissioner August 18, 1910; that the defendant Jeffries was appointed receiver, executing bond for $20,000, signed by the other defendants as sureties; that Jeffries in the course of his duties as receiver collected $3,800 from one Rowan…