Kiser v. Austin

Plaintiff in error Kiser is the sheriff and tax collector of Reeves county. The Pecos Valley State Bank was incorporated under the banking laws of this state, its depositors being secured by the depositors’ guaranty fund. This bank was duly selected as the county depository of Reeves county, and gave the bond required by law. The bank became insolvent and was closed by the banking commissioner on January 28, 1924, and since that date has been in process of liquidation. The plaintiff in error carried an account in that bank in the name of E. B. Kiser, tax collector, and likewise another…