Lloyd v. Butler County State Bank

The opinion of the court was delivered by

Mason, J.;

A. B. Lloyd is the holder of a certified check for :$5,000 on the Butler County State Bank, which was outstanding at the time the bank passed into the control of the banking department in a state of insolvency. He brought this action against the bank, the bank commissioner and the receiver, asking that in addition to a general charge against the assets he be given a right to look to the guaranty fund for the amount; or if that were denied that he be made a preferred claimant. His claim was adjudged to be a charge against the guaranty fund,…