Kurtz v. Humboldt Trust & Savings Bank

Gareield, J.—

The Pioneer Finance Corporation was engaged in financing the purchase of automobiles and some other personalty, with its principal place of business at Fort Dodge. Jay M. Wiggins was its managing officer from 1936 until May 1, 1939, when the corporation ceased doing business and turned over its books and assets to a trustee. In January 1940, the district court of Webster county appointed plaintiff receiver for the defunct corporation. Defendant is a bank at Humboldt with which the Pioneer did a large part of its banking business.

An audit was to be made of the Pioneer books as of…