City of Lincoln v. Morrison

Pound, C.

This is a petition in error prosecuted by the city of Lincoln, an intervener in a suit brought to wind up the' Lincoln Savings Bank & Safe Deposit Company, other phases whereof have been before this court several times. The plaintiff in error by its petition in intervention sought a preference over general creditors for some $5,000 —a balance of moneys of said city loaned to the bank upon certificate of deposit by the city treasurer, in contravention of law and with knowledge on the part of the bank officers as to whose money it was. It appeared from a stipulation of the parties and…