Ex Parte Bank of Aynor

March 15, 1928. The opinion of the Court was delivered by This is one of the many controversies which have resulted from the "tangled web" of the affairs of the American Bank Trust Company, an insolvent banking corporation now in the hands of a receiver.

Two main questions are involved in this appeal: (1) Whether the Bank of Aynor is entitled to a lien upon certain securities of the American Bank Trust Company alleged to have been set apart by the officers of that bank to secure certain obligations, and, after the failure of the bank, delivered by the state bank examiner to the officers of the…