Shaw v. Meeks

(after stating the case as above). There arises in the appeal the simple question of whether or not in the special circumstances, the deposit in controversy was, as determined by the trial court, protected under the depositors’ guaranty fund. We think it was, and that the trial court correctly so held, because the deposit was an actual general deposit of money in the bank, as contradistin-guished from a bailment or special deposit of the money in the bank to be specifically returned. According to the initial written agreement between J. F. Meeks and M. C. Dyer, there was “to be deposited” by…