Maryland Casualty Co. v. Holmes

FOSTER, Justice.

The original bill seeks relief on behalf of minor -wards in two alternative aspects. In the second paragraph, one aspect is alleged to result from the fact that the guardian deposited in a bank the money which was lost by the failure of the bank, and that, under the agreement the deposit was made subject to the joint control of the guardian and the surety on his bond. This is upon the principle of our case of Bates v. Jones, 224 Ala. 82, 139 So. 242. In the third paragraph, the other aspect is alleged to exist because the money was not deposited as such in bank,'but was made a…