Kansas City Life Insurance v. Taylor

D. S. Clark was receiver in the case of Kansas City Life Insurance Company v. Jewel Realty Company, and was also president of the Chicot Trust Company. He was appointed receiver to rent out the land of the Sunnyside plantation, and rented it to Sam Epstein for $5,000, taking Epstein’s note dne December 1, 1930, for the rent of that year, and the note was paid on November 15, before it was due, to Clark, receiver, by a check drawn.on the Chicot Trust Company, and deposited by Clark, as receiver, in said bank. The bank did not open on the 17th of November. It was open on the day the deposit was…