American Surety Co. v. Griffin Banking Co.

The exception here is to the judgment affirming the ruling of the superintendent of banks rejecting the claim of the American Surety Company of New York as a preferred claim against the assets of the Griffin Banking Company, and classifying 'and allowing it “as a deposit having equal rank with other deposits in the bank.”

The case was submitted to the judge of the superior court, without the intervention of a jury, upon substantially the following statement of facts: On April 2, 1932, the American Surety Company of New York, which was authorized to do business in Georgia, “executed a bond in…