Ex Parte Erskine College

January 28, 1942. The opinion of the Court was delivered by The appellants in this case, Erskine College and Hunter A. Gibbes, are petitioners in the receivership cause affecting the Central Union Bank of South Carolina. At the time the bank closed they were depositors, and they also were debtors to the bank on certain notes.

The material facts affecting the claims of these appellants are the same as those involved in the case of Ex parteMechanics Federal Savings and Loan Association (In reZimmerman v. Central Union Bank), 18 S.E.2d 592, decided this day, and the rulings made in that case are…