Wood v. Imperial Irrigation District

This appeal comes to us upon an agreed statement of facts. The Imperial Irrigation District, the powers of which were considered by this court under the act by which it was created and governed in the ease of Crawford v. Imperial Irr. Dist., 200 Cal. 318 [253 Pac. 726], had on deposit in the name of its treasurer with the Farmers and Merchants Bank of Imperial on the nineteenth day of June, 1925, in its checking account, the sum of $6,993.61. On that day said district deposited with said bank an additional sum of $40,000, the bank issuing to said district four of its certificates of deposit…