Blackman v. Pettengill
Idaho Supreme Court
APPEAL from the District Court of the Third Judicial District for Ada County. Hon. Carl A. Davis, Judge. An action to determine the authority of the trial court to make an order in the matter of the receivership of the Boise State Bank, Limited. The assets of an insolvent bank are distributed in the same order as assets of other insolvent estates, except such preferences as may be prescribed.
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APPEAL from the District Court of the Third Judicial District for Ada County. Hon. Carl A. Davis, Judge. An action to determine the authority of the trial court to make an order in the matter of the receivership of the Boise State Bank, Limited. The assets of an insolvent bank are distributed in the same order as assets of other insolvent estates, except such preferences as may be prescribed. (5 Cyc. 571.) The laws of Idaho prefer depositors over all other creditors, but provide for no preference among depositors of insolvent banks. (Laws 1911, c. 124, secs. 65, 66; Rev. Codes, 2990; Laws…
1Opinion of the CourtStewart, J.
This is an appeal from an order made in the matter of the receivership of the Boise State Bank, Ltd., an insolvent bank and trust company. An affidavit was filed in the district court showing that the Boise State Bank was a banking corporation existing under the laws of the state, and at all times mentioned prior to December 19, 1911, was engaged in the banking business under the laws of the state; that on December 19, 1911, Y. W. Platt was the duly appointed, qualified and acting bank commissioner of the state of Idaho, and at that time took charge of the affairs of the bank and its books…
Also in this document: Concurrence.
2Cases cited5 opinions
- Wurtz, Austin & McVeigh v. HartSupreme Court of Iowa · 1862
- Merchants' National Bank v. Eastern RailroadMassachusetts Supreme Judicial Court · 1878
- Dexter Horton & Co. v. Schwabacher Bros. & Co.Washington Supreme Court · 1892
- Rogers, Brown & Co. v. Citizens' National BankCourt of Appeals of Maryland · 1901
- Security Investment Co. v. Richmond National BankSupreme Court of Kansas · 1897
3Cited by5 opinions
- First American Bank & Trust Co. v. Town of Palm BeachSupreme Court of Florida · 1928
- Cox v. St. Anthony Bank & Trust Co.Idaho Supreme Court · 1925
- State Ex Rel. Rankin v. Yellowstone Bank & Trust Co.Montana Supreme Court · 1925
- Independent School Dist. No. 1 v. DiefendorfIdaho Supreme Court · 1937
- Independent School District No. 1 v. DiefendorfIdaho Supreme Court · 1937