State v. Nebraska Savings Bank
Nebraska Supreme Court
Original action to wind up the affairs of the Nebraska Savings Bank, of Lincoln, Nebraska, under the banking law of 1889. The First National Bank of Lincoln, Nebraska, and others, filed in this case in the supreme court a petition for an order upon the receiver of the Nebraska Savings Bank to allow the amount due upon certain notes as claims against the latter. The petitioners held collateral security for the payment of the notes, but alleged it was insufficient.
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Original action to wind up the affairs of the Nebraska Savings Bank, of Lincoln, Nebraska, under the banking law of 1889. The First National Bank of Lincoln, Nebraska, and others, filed in this case in the supreme court a petition for an order upon the receiver of the Nebraska Savings Bank to allow the amount due upon certain notes as claims against the latter. The petitioners held collateral security for the payment of the notes, but alleged it was insufficient. The receiver demurred to the petition. The petition and demurrer are set out in the opinion.
1Opinion of the CourtHarrison, J.
On the 24th day of March, of the current year a petition was filed in this court by certain of the creditors of the Nebraska Savings Bank, and as it fully explains its purpose, we will copy it in full and allow it to speaks for itself. It reads as follows:
“Now comes the First National Bank, the American Exchange National Bank, the Columbia National Bank, the German National Bank, all organized'and incorporated under the national banking act of the United States and *344engaged in a general banking business in the city of Lincoln, Nebraska, and the Lincoln Savings Bank, the Union Savings Bank, the…
2Cases cited2 opinions
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