People Ex Rel. Nelson v. Marion Trust & Savings Bank

The Marion Trust and Savings Bank was closed by the Auditor of Public Accounts on April 12, 1930. Thereafter the bank was in charge of O. A. James, a representative of the Auditor, until January 8, 1931, when he was appointed receiver to liquidate its affairs. On January 12, 1931, a bill in chancery was filed in the circuit court of Williamson county on relation of the State Auditor for the purpose of liquidating the affairs of the bank. On March n, 1931, Grant Cruse, as county collector of taxes of Williamson county, filed an intervening petition in the same court, alleging that at the time…