State Ex Rel. Craig v. Mutual Savings Bank

Mr. Justice CoTi-irán

(dissenting) : This case involves the validity of a claim filed by the Liberty National Bank of Columbia in the winding up of the affairs of a stranded bank, Mutual Savings Bank of Bennettsville. The latter bank closed its doors on November 8, 1920, and an order of Court, appointing H. L. McColl and E. P. Miller receivers, was filed November 23, 1920, in the case entitled James N. Graig, State Bank Examiner, against Mutual Savings Bank.

In the course of the administration of the bank’s affairs by the receivers, the Liberty National Bank filed with them two claims against…