First National Bank v. Hirning

BURCH, C.

This is a mandamus proceeding against the former superintendent of banks and the former members of the depositors’ guaranty fund commission of the state of South Dakota. The defendant Hirning by resignation ceased to be superintendent of banks on January 5, 1925, and the other defendants ceased to occupy their respective positions as members of the commission on or about March 7, 1925. The action involved six certificates of deposit issued by the Garden City State Bank, of Garden City, S. D., and the three cashier’s checks issued by said bank. The 'Garden City State Bank suspended…