Chicago, Milwaukee, St. Paul & Pacific Railroad v. Larabie Bros. Bankers, Inc.

This is an appeal from a judgment of the district court of Powell county. Larabie Brothers Bankers, Inc., a Montana corporation, was engaged in the general banking business in the city of Deer Lodge for many years immediately preceding March 4, 1933. On that date it closed its doors and has since been in liquidation through the state banking department under the jurisdiction of the superintendent of banks. When the bank closed, plaintiff Chicago, Milwaukee, St. Paul & Pacific Railroad Company, had on deposit therein the sum of $6,875.25. It presented its claim in due form, asserting that the…