Central Coal & Coke Co. v. State Bank

This is an action to establish a preferred claim in the amount of $1448.38, against the assets of the defendant bank in the hands of the commissioner of finance for liquidation. No question arises upon the sufficiency of the petition which, in part, bases the cause of action upon an alleged special deposit, and charges “that the Central Coal & Coke Company was a customer and a special depositor in said bank under an arrangement by which the amount of money needed by the Central Coal & Coke Company for the semi-monthly pay roll was sent to said bank, for which the said bank was paid by the…