Sauer's Trustee v. Dorman, Comr., Etc.

Opinion of the Court by

Morris, Commissioner

Affirming.

'On January 30, 1931, the Bank of Hardinsburg & Trust Company, then doing a combined banking and trust business under authority of section 612a, Kem tucky Statutes, by its directors was concluded to be insolvent, and its affairs were turned over to the appellee Dorman, banking commissioner, for liquidation. At that time it was committee, guardian, or trustee for numerous persons and estates. After the closing of the bank, the two appellants, I. B. Richardson and H. L. Dooley, were appointed and qualified in several instances, as fiduciaries…