State v. First State Bank
New Mexico Supreme Court
Appeal from District Court, Dona Ana County; E. L. Medler, Judge. Action by the State of New Mexico against the First State Bank of Las Cruces. Judgment for defendant, and plaintiff appeals. Affirmed. The money on deposit in the bank at the time it closed its doors was the property of the State. College v. Willis, 52 Pac.
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Appeal from District Court, Dona Ana County; E. L. Medler, Judge. Action by the State of New Mexico against the First State Bank of Las Cruces. Judgment for defendant, and plaintiff appeals. Affirmed. The money on deposit in the bank at the time it closed its doors was the property of the State. College v. Willis, 52 Pac. (Ok.) 922; Estate of Boyer 123 Cal. 614- 620-623; Thomas v. University, 11 111. 33.1; Tucker v. Pollock, 21 B, I. 311; Bank v. Knoobs, 16 H'ow. 380; Begents, etc. v. Williams, 9 Gill. & J. 232; Bbard of Trustees, etc. v. Supervisors, 16 111. 181; Dartmouth College v.…
1Opinion of the Court
OPINION OF THE COURT.
ROBERTS, J.
The First State Bank of Las Cruces, N. M., was a banking corporation organized and doing business under the provisions of section 244 et seq., C. L. 1897. These sections were compiled from an act of the territorial Legislature entitled, “An act entitled Aar act in relation to banks and banking/ approved April 3, 1884.” Acts 1884, c. 36. By the act of March 18, 1909, (section 462, Code 1915) provision was made for the method of procedure for the appointment of a receiver for an insolvent state bank. By the section in question the Attorney General was required to…
2Cases cited7 opinions
- Matter of Carnegie Trust CompanyNew York Court of Appeals · 1912
- Booth v. StateSupreme Court of Georgia · 1908
- United States Fidelity & Guaranty Co. v. RaineyTennessee Supreme Court · 1907
- Gourd v. . HealyNew York Court of Appeals · 1912
- Parlett v. DuganCourt of Appeals of Maryland · 1897
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