Kimbell Trust & Savings Bank v. Olsen

This is an appeal by defendants, Arlington Heights State Bank and George Max Adam, from a decree entered upon a bill of interpleader. The Kimbell Trust So Savings Bank by its bill alleged that it was in possession of funds amounting to $10,421.26, which had theretofore been deposited with it by W. 0. Olsen to the credit of his checking account; that on February 28, 1923, Olsen drew his check upon the complainant for this sum, which check complainant certified; that George Max Adam had the check in his possession and claimed to be the lawful holder and owner thereof; that Olsen had served…