Mobley v. Marlin

(After stating the foregoing facts.) The plaintiffs in error in both bills of exceptions assign error upon the re*826turn of the assets to the superintendent of banks, but upon entirely opposite grounds. The original petitioners insist that the court should have appointed a receiver,, because the purported sale of the assets of the bank to the parties named in the contract is absolutely void; that the transaction did not amount to a sale, and that it was a mere delegation of the authority conferred by law upon the superintendent of banks to certain trustees who, in behalf of the creditors and…