Lipscomb v. Wood County

The Court of Civil Appeals accurately states this case in the following language:

“This suit was filed in September, 1923, by Wood county against the Farmers’ & Merchants’ State Bank of Quitman, J. L. Chapman, commissioner of banking, T. L. L. Harris, G. W. Lipscomb, N.. C. Harris, L. L. Lipscomb, and R. W. Low, to recover the sum of $65,000, the amount of an interest-bearing deposit placed in the bank by Wood county. The Lips-combs, Harris, and Low were sued upon the bond given to secure the payment of the deposit. In a trial before the court judgment was rendered against the bank and the…