Andrew v. State Bank of New Hampton

— During oral argument, concession was made that the case may be determined upon the theory that facts exist authorizing preferences, providing the claimants’ property could be traced iiito the hands of the receiver.' Ap-pedant, as receiver' of the State Bank of New Hampton, asked for a reversal upon the doctrine that the trust funds were not properly identified'in his hands.

Preliminary to a discussion of the exact point in issue, the. following" statement of facts is necessary: On December 27, 1924, the State Bank of New Hampton, an Iowa corporation, was closed by the banking department.…