Young, Etc. v. Bankers' Trust Co.'s Receiver

OPINION of the Court by

Judge Richardson

Affirming.

The question for consideration on this appeal was presented in. another form and determined adversely to the contentions of appellant in Wilson, Banking Commissioner, v. Louisville Trust Company, 242 Ky. 432, 46 S. W. (2d) 767.

The Bankers’ Trust Company, a Kentucky corporation, prior to ^November 20, 1930, was engaged in the general bank and trust company business in the city of Louisvlile, Ky. On November 20, 1930, its board of directors closed its doors, posted the notice required by statute (Ky. Stats., sec. 165a-18), and so informed the…