Robertson v. Citizens' Bank of Watertown

The branch of this case before us is an effort on the part of the superintendent of banks, in his official capacity and as receiver, to recover upon a bond executed for the protection of the depositors and creditors of the Citizens’ Bank of Watertown, under the provisions of sections 5963 and 5968 of the Code. There was a decree in favor of the complainant by the chancellor, which was affirmed by the Court of Appeals, and the defendants, sureties on the bond, have filed a petition for certiorari.

In August, 1927, after examination of the affairs of the said Citizens’ Bank,- the superintendent…