Leach v. Stockport Savings Bank

Kindig, J. —

The Stockport Savings Bank, defendant, was, during the time here involved, a corporation duly organized and existing under and by virtue of the banking laws of this state. On October 14, 1924, the, state superintendent of - banking, Robert L. Leach, was appointed receiver of thát financial institution. Then after-wards, as his successor in office, L. A. Andrew, appellee, continued the execution of the trust. While the banking concern was operating, the appellant, New Independent School District, became a. depositor, and continued such until the former ceased doing business. So,…