Bates v. Jones

The guardian deposited funds of the ward in the Bank of Ensley, which were lost by failure of the bank. At the time of the deposit and continuing to the failure, the bank bore a good reputation, and there is no claim of negligence in that regard. The minor sought, upon settlement of the account, to have the probate court charge the guardian with the funds só lost, but this the court declined to do. Hence this appeal.

The case for the minor rests upon the following facts: The New York Indemnity Company appeared as surety upon the bond of the guardian, and, as a prerequisite to said company…