Legal Opinion
Arkansas County Road Improvement District No. 5 v. Taylor
Supreme Court of Arkansas
Decided March 14, 1932PublishedCited by 4 opinions
1Opinion of the CourtSmith, J.
This cause was heard in the court below upon an agreed statement of facts from which we copy the following essential recitals.
The Home Bank of DeWitt suspended business on January 4, 1929, and its assets are now in charge of the State Banking Department for purposes of liquidation. At the time of the bank’s suspension, Arkansas County Road Improvement District No’. 5 (a road improvement district created by special act of the General Assembly) had on deposit $19,799.21, which was a general deposit subject to check.
The deposit was made pursuant to the supposed authority conferred by act 182 of…
2Cases cited2 opinions
- Arkansas-Louisiana Highway Improvement District v. TaylorSupreme Court of Arkansas · 1928
- Gaster v. Dermott School DistrictSupreme Court of Arkansas · 1931
3Cited by4 opinions
- People Ex Rel. Nelson v. Wiersema State BankIllinois Supreme Court · 1935
- County Board of Education v. Taxpayers and CitizensSupreme Court of Alabama · 1964
- Opinion No., Arkansas Attorney General Reports1996
- Whitaker & Co. v. GrableCourt of Appeals for the Eighth Circuit · 1940