State Banking Board v. Goose Creek State Bank

(after stating the facts as above). The appellants’ propositions in effect present the point that the special circumstances of the present ease do not constitute “a deposit” within the purview of the Bank Deposit Guaranty Act, and on that account the claim of the appellee bank is not entitled to the protection of the act. The facts found by the court can be summed up in order to give effect to the real dealing between the two banks. The appellee hank, through its cashier, upon the solicitation of the cashier of the Shepherd State Bank, consented to place on interest in the latter bank $5,000…