State v. Gormley

Russell, Chief Justice.

Certain persons, alleging that they were depositors in the Bank of Talbotton at the time it was taken over for liquidation by the State superintendent of banks on March 2, 1933, filed a petition in Talbot superior court, in the name of the State of Georgia for their use, against R. E. Gormley and the' United States Fidelity and Guaranty Company, as principal and surety respectively on a bond given to the State of Georgia on December 31, 1931. This bond recited: “Whereas the above-bound R. E. Gormley has been duly appointed Superintendent Banking Department, State of…