Almquist v. Johnson

The opinion of the court was delivered by

Hutchison, J.:

The principal question involved in this appeal is whether the nonclaim provision of section 5 of chapter 88 of the Laws of 1927, reducing the time for depositors and creditors to file their claim with the receiver of an insolvent state bank to one year after the appointment of the receiver, applies to claims against a bank in the hands of the receiver prior to the time the new law became effective.

The two claims of the plaintiff in this case, one a certificate of deposit and the other a dishonored draft, were presented to the receiver for…