Hanson v. First State Bank

GATES, <P. J.

Plaintiff held a mortgage upon a' quarter section of land in Clark county, executed by Mr. and Mrs. Sogn. ■Reinhart was tenant in possession. The First State Bank of Vienna, of which Sogn was president', was taken in charge by the superintendent of banks in July, 1923. We hereinafter refer to him as the superintendent. In August, 1923,. the Sogns conveyed the land to the bank by a deed delivered to a special examiner in temporary charge of the 'bank under the superintendent. The deed contained a clause to the effect that the grantee, the bank, assumed, and agreed to pay the…