City of New Hampton v. Leach

De Grape, C.' J.

The appellants, the city of New Hampton and the treasurer of said city, allege in their claim and application for preference that certain funds deposited by the city treasurer m the State Bank of New Hampton, Iowa, and now in the hands of appellee, as receiver of said bank, constitute a preferred claim against the receiver. The appellee-receiver med a motion to dismiss tins claim and application, as amended, on the following grounds: (1) That the facts stated in the proof of claim and application for preference do not entitle the claimants to the relief demanded; (2) that,…