McClelland v. State ex rel. Speer
Indiana Supreme Court
From the Marion Superior Court.
1Opinion of the CourtDailey, J.
William H. Speer was trustee of Wayne township, in Marion county, Indiana, and of Wayne school township, in said county and State, from April, 1882, to April, 1884. Prior to August 10, 1883, he had deposited in the bank of the Indiana Banking Company, a hank of discount and deposit of the city of Indianapolis, Indiana, to his personal credit and in his individual name funds belonging to said civil and school township, to the amount of $5,278.75, of which amount $2,701.04 *323belonged to the school funds denominated in section 4,325 of the R. S. of 1881 as the “common school fund,” interest on the…
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