Netherton v. Farmers Exchange Bank

Plaintiff, having a claim against the Farmers Exchange Bank of Gallatin, Missouri, which closed its doors and was placed in the hands of the State Finance Commissioner on March 4, 1926, duly presented such claim to said Commissioner who rejected the claim outright. Whereupon, in due and proper time, plaintiff brought this suit in the circuit court to have his claim established and declared as a preferred one in the sum of $1,111.33 and paid as such.

The trial court, after hearing the evidence, set aside the Commissioner's outright rejection of said claim, adjudged that it was not entitled to a…