Thompson v. Elmo Independent School Dist.

Elmo independent school district sued the First Guaranty State Bank of Elmo, which had been declared insolvent, and J. L. Chapman as commissioner of insurance and banking in charge of said' bank for the purpose of liquidation, to establish a claim against the said bank and said commissioner in the sum of $4,860.39 as an unsecured and noninterest-bearing deposit in said bank to tbe credit of said district at tbe time said bank was closed and subject to payment out of tbe guaranty frnid, and also as a special deposit in said bank for a special purpose, alleging that the same passed into tbe…