Security National Bank v. Bagley

Thrift, Inc., is the owner of a copyrighted system of instruction intended to promote the teaching and inculcating of thrift in the pupils of the public schools. The board of directors of the Independent School District of Mason City, on or about August 13, 1923, adopted the following resolution :

‘ ‘ Resolved that Thrift, Inc., be and they are hereby authorized to install and maintain their system of banking in the public schools of Mason City, Iowa, providing a local bank or banks can be secured by Thrift, Inc., to carry the accounts and furnish the necessary supplies and service. Thrift,…