Olsness v. Baird

This is an appeal from a judgment for the defendant entered in pursuance of an order sustaining a demurrer to the complaint. The facts alleged in the complaint are substantially as follows: From May 1, 1919 to May 1, 1921, the defendant J. S. Douglas was treasurer of Slope County; as such he was bonded by the State Bonding Fund in the sum of $50,000. During his term of office, he deposited more than $90,000 in the Slope County State Bank of Amidon and in the First State Bank of Amidon in such circumstances as to-break the conditions of his official bond, the banks not being legal…