Larson v. Baird

The plaintiff was the owner of ten unregistered liberty loan bonds aggregating $1,000 and on June 27, 1919 bo placed tbe same “witb tbe Sawyer State Bank for safe-keeping.” Tbe bank closed and one Mostad ivas appointed receiver. Tbe plaintiff filed a claim showing bim to be a creditor of tbe Sawyer State Bank for “liberty bonds left' for safe-keeping witb tbe Sawyer State Bank,” in tbe amount of $1,000, and obtained from tbe receiver a certificate of proof of claim to tbis effect.

It is the claim of tbe plaintiff that tbe officers of tbe bank converted these bonds to tbe use of tbe bank; that,…