Watkins v. Bank of Morgan City & Trust Co.

(dissenting.)

These two cases are factually governed by the same law on the subject of compensation. When the obligation which Watkins owed the bank became due, there was at the same time due Watkins by the bank, subject to check, a sum of money. And when the obligation which Williams owed the bank became due, there was a.t the- same time- due Williams by the bank, subject to check, a sum of money, in both cases equally liquidated and de-mandable before the bank was declared insolvent. Neither Watkins nor Williams made demand on the bank to apply the money to their credit in the bank to the…