Himrich v. Walter

The Walworth County State Bank closed on November 17, 1930, and was taken in charge by the superintendent of banks. Thereafter under the provisions of chapter 57, Laws 1927, as amended by chapter 90, Laws 1931, the circuit court of Walworth county by its order directed that the liquidation of the assets be conducted by a board of trustees representing the depositors and unsecured creditors of said bank. On June 29, 1934, the board of trustees, appointed by the court to liquidate the said bank, by its resolution declared that it appeared to the board that the assets of the 'bank were…