Brock v. Citizens State Bank & Trust Co.

ROGERS, Justice.

In this proceeding we are called upon to review a decision rendered by the Court of Appeal for the Second Circuit in two matters similar in their facts and involving the question of whether Act No. 63 of 1926 grants a privilege upon the assets of a defunct bank to secure the payment of monies received and deposited by the bank as the financial tutor of two minors.

There is no dispute about the facts, which are as follows, viz.:

On September 15, 1928, the Citizens State Bank & Trust Company, of Bastrop, Louisiana, qualified as financial tutor of the minor Douglas Riser, under the…