Perkins v. Peninsula Trust Co.

On the 13th of April, 1913, the Maryland Insurance Agency Company, a body corporate, was declared to be, insolvent and its assets, were placed in the hands of receivers for distribution. In the course of its liquidation and settlement, two auditors’ accounts were stated and filed in the Circuit Court for Baltimore City by the receivers.

The first account was filed on the 22nd of July, 1914, and in this account there was distributed to the appellee, the Peninsula Trust Company, the sum of sixteen hundred and twenty-eight dollars and eighty cents as a dividend upon claims, represented by certain…