Citizens' Bank & Security Co. v. Commissioners' Court of De Kalb County

Appellant by this mandamus proceeding seeks to have itself designated depositary of the funds of De Kalb county, Ala., by the commissioners’ court of that county. The petition alleges that the petitioner, an incorporated state bank, agreed in its bids for the county funds, to pay interest at the rate of 4% per cent, on the daily balance, but that the commissioners’ court accepted the bid of another bank for the payment of only 4 per cent, on the daily balance, and this proceeding is rested upon the theory that the language of the statute providing for such county depositaries (Acts 1915, p.…