Andrew v. Crawford County State Bank

On or about December 15, 1926, the Crawford County State Bank of Denison, Iowa, closed its doors, and ceased to do business. At the suit of the state superintendent of banking, he was appointed receiver by the district court, and has at all times since been in possession of the bank’s assets. The board of directors of the bank acquiesced in the action for the appointment of a receiver, and, by voluntary resolution, properly adopted, consented thereto. Prior to the time when it ceased to do business, the Crawford County State Bank had been properly designated by the Federal District Court for…