Board of Levee Com'rs v. Parker

Griffith, J.,

delivered the opinion of the court.. The receiver of the First Savings Bank & Trust Company of Itta Bena has on hand for distribution about $1500, which was derived from the general assets of the bank, and about $4100, which arose from collections on judgments for stockholders’ liability. At the time the bank closed its doors and went into liquidation it was a depository for the Yazoo-Mississippi Levee District, and security had been given, but the securities have been exhausted and there remains due to the Levee District $17,662.90', not including interest. The bank had on…