District Township of Eureka v. Farmers' Bank
Supreme Court of Iowa
Appeal from Adair District Court. — Hon. J. H. Applegate, Judge. ' The plaintiff seeks to recover on account of money deposited in the Farmers’ Bank of Fontanelle, and to have the amount of its recovery established as a preferred claim against property in the hands of the assignee of the owner of that bank. The intervenors, who are general creditors of the bank, resist the demands of the plaintiff.
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Appeal from Adair District Court. — Hon. J. H. Applegate, Judge. ' The plaintiff seeks to recover on account of money deposited in the Farmers’ Bank of Fontanelle, and to have the amount of its recovery established as a preferred claim against property in the hands of the assignee of the owner of that bank. The intervenors, who are general creditors of the bank, resist the demands of the plaintiff. The district court rendered a decree in favor of the plaintiff, but provided that payment should not be made until the rights of other creditors should be adjudicated. From that portion of the…
1Opinion of the CourtRobinson, C. J.
For several years the defendants, W. Taylor and A. E. Jackson, as partners, owned and carried on a banking business under the name of the Farmers’ Bank of Fontanelle. From the fifteenth day of September, 1884, until the tenth day of December, 1890, Abner Rood, as treasurer of the plaintiff, deposited in the bank money which belonged to the plaintiff. The deposits were made in his name, but the owners of the bank knew that the money so deposited belonged to the plaintiff. In November, 1890, Jackson sold his interest in the bank to Taylor. On the tenth day of the next month Taylor made an…
2Cases cited1 opinion
- Citizens' Bank v. Dows & Co.Supreme Court of Iowa · 1886
3Cited by17 opinions
- Officer v. OfficerSupreme Court of Iowa · 1903
- Beard v. Independent Dist. of Pella CityCourt of Appeals for the Eighth Circuit · 1898
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- Bottorff v. LewisSupreme Court of Iowa · 1903
- Bradley v. ChesebroughSupreme Court of Iowa · 1900
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