Andrew v. Marshalltown State Bank

This claim grows out of the following facts: The Marshalltown State Bank closed its doors at 5 o’clock on the 14th day of April, 1926, and immediately went into the bands of a receiver. On the day preceding, the Spurgeon Mercantile Company drew its check on the Mar-shalltown State Bank for $850, in favor of the First National Bank of Chicago, and on that date, the Chicago bank gave the Spurgeon Mercantile Company credit for the amount of the check, and forwarded the check, with others, to the Marshalltown State Bank for collection. This check, with the others, reached the Mar-shalltown State…