Belmont v. Gentry

The plaintiffs have appealed from an order sustaining a demurrer to the complaint on the grounds that the complaint did not state facts sufficient to constitute a cause of action. The complaint alleges that the Hill City Bank, being insolvent on July 18, 1932, suspended business and- was taken in charge by the superintendent of banks; that thereafter, pursuant to the provisions of chapter 90, Laws of 1931, an order was made by the circuit court of Pennington county removing the liquidation of the -bank from the control of the superintendent of banks, and placing the liquidation thereof under…