People v. Bank of San Luis Obispo
California Supreme Court
The facts are stated in the opinion of the court.
1Opinion of the CourtHenshaw, J.
Under the Banking Act of 1903, (Stats. 1903, c. 266), action was begun in the name of the people of the state of California by the attorney-general, as contemplated by the provisions of the act, for a decree declaring the defendant Bank of San Luis Obispo insolvent, ordering it into involuntary liquidation and restraining it from the transaction of a banking business. This action proceeded to judgment in accordance with the complaint of the People and a receiver was appointed by the court to administer its affairs in liquidation. On appeal to this court the judgment of the trial court was in…
2Cases cited40 opinions
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