Thomas v. D. W. Standrod & Co.

LEE, District Judge.

This case is controlled in principle by the decision just announced in G. F. Hansbrough v. D. W. Standrod & Company, a Corporation, and F. W. Porter, Commissioner of Finance, ante, p. 119, 249 Pac. 897.

The judgment should be affirmed as to the award of #2,500 but reversed as to the declaration of a trust and the imposition of a lien on the bank’s massed assets and the case remanded with instructions to enter judgment declaring a lien in respondents’ favor upon the specific stock, ordering the same to be sold and any deficiency to be satisfied by the commissioner out of the…