Spartanburg County v. Arthur

The opinion of the Court was delivered by

Mr. Justice Bonham.

The Bank of Union, a State bank, was situate at Union, S. C. It became insolvent and was closed September 23, 1931. J. D. Arthur and Luke J. Wilburn are the duly appointed and qualified receivers thereof, and are still engaged in the discharge of their duties as such receivers. Prior to the insolvency of the bank, the County of Spartanburg had begun an action against it to recover of it certain moneys received by it from a former treasurer of Spartanburg County, taken by him from the county’s funds, in the payment of his individual…