State Ex Rel. Robertson v. Liberty Bank & Trust Co.

Through their intervening petition, general creditors of the Liberty Bank challenge the claim of the State of Tennessee to priority in the disposition of assets under the rule applied in the cases of Fidelity & Guaranty Co. v. Rainey, 120 Tenn., 357; Maryland Casualty Co. v. McConnell, 148 Tenn., 663; University of Tennessee v. Peoples Bank, 157 Tenn., 87, and the subsequent unreported cases of State v. Peoples Bank, from Benton Equity, and State v. Mossy Creek Bank, affirmed upon certiorari from the Court of Appeals at Knoxville.

The chancellor dismissed the petition upon demurrer of the…