Hanover Nat. Bank of New York v. Thomas

The bill in this case is filed by the appellant, the Hanover National Bank of New York, to impress a trust upon certain assets of the Merchants’ & Farmers’ Bank of Aliceville, Ala., which came into the hands of the respondent as the state superintendent of banks, to be administered in the processes of liquidation.

The material allegations of the complainant’s bill, as amended, upon Which complainant-predicates its right to relief, are that it was the owner of a certain note executed by the Independent Gin & Warehouse Company, Inc., for $4,000; said note being one among others transferred and…