Williams v. . Hood, Commissioner

This is an action to have plaintiff's claim against the Bank of Pee Dee, now in the hands of the defendant, Gurney P. Hood, Commissioner of Banks, for liquidation because of its insolvency, adjudged a preference in the administration of the assets of said bank, on the ground that the funds deposited by the plaintiff with said bank, and in its possession at the date of its insolvency, were trust funds, and for that reason did not pass into the possession of the defendant as general assets of the insolvent bank.

The action was heard on a demurrer to the complaint on the ground that the facts…