Golden Eagle-Bobtail Mines, Inc. v. Valley National Bank

This case is the result of an escrow agreement placed with appellee’s branch bank at King-man, Arizona, originally involving $40,000, but the appellee, The Valley National Bank, being uncertain to whom the proceeds of a $2,500 check should be paid, filed a complaint in interpleader against John F. Gross, Gail Reingold, C. W. Hobson and Allen Kempe.

To this action Gross answered that he made no claim to the sum. Reingold, by motion, asked that appellant be made an additional party and, from the records, we understand he was the president and agent of the Golden Eagle-Bobtail Mines, Inc., the…