Commercial Bank & Savings Co. v. Woodville Savings Bank Co.

The Court of Appeals held, and' properly so, as we regard it, that after the superintendent of banks took the Commercial Bank & Savings Company over for liquidation his jurisdiction was exclusive, and the courts of Ohio, from the highest to the lowest, had neither power, right nor jurisdiction to appoint a receiver to take charge of any property of the bank in the hands of the superintendent of banks. The effect of this holding precluded the Woodville Savings Bank Company from asking for a receiver pendente lite for the mortgaged real estate, notwithstanding the condition of its mortgage had…