Citizens' Nat. Bank v. Dowd

The defendant is receiver of the State National Bank of Baleigli, which was closed on Monday, the 26th of March nit. The plaintiff, the Citizens’ National Bank, asks for a decree giving its demand a preference over the general creditors of the bank, of which defendant is receiver. The facts upon which it bases its claim are as follows: On Thursday, the 22d of March, 1888, the plaintiff received in the ordinary course of business, checks drawn on the State National Bank for a large sum, and upon an exchange of checks betweeu the two banks there was found to be due to the plaintiff the sum of…