Whitacre v. State Bank

The opinion of the court was delivered by

Thiele, J.:

This was an action to recover moneys from the receiver of a failed state bank.

The plaintiff had done business with the State Bank of Keats since its organization and had known Grace E. Wood, who was assistant cashier prior to 1931 and thereafter cashier until the failure of the bank on January 29, 1931. She seems to have been the principal officer of the bank in meeting the public and in conducting the bank. On September 19, 1925, plaintiff had on deposit in the bank over $600. According to plaintiff’s testimony, Mrs. Wood asked him to loan…