First Nat. Bank v. Bianca

From an adverse decree the appellant the First National Bank of Memphis, Tennessee, and J. S. Love, state superintendent of banks of Mississippi, in charge of the liquidation proceedings of the Merchants ’ Bank & Trust Company of Indianola, Mississippi, prosecute this appeal.

The appellee, Sam Bianca, filed his petition in the liquidation proceedings of the Merchants’ Bank & Trust Company, 'which bank was being liquidated under section 3817, Code 1930, wherein he alleged that he was entitled to a preference claim, because the proceeds of a certain check were held by the bank in trust for the…