State ex rel. Spillman v. South Fork State Bank

This is a controversy between the receiver of the South Fork State Bank of Chambers, insolvent, and the Central National Bank of Lincoln, claimant. In a proceeding to wind up the affairs of the insolvent, claimant interposed a a plea for the allowance of a claim for $6,000 and interest. While insolvent was conducting a commercial banking business August 30, 1922, it issued to Blake Maher a certificate' of deposit for $6,000, maturing in two months, and bearing interest at the rate of 5 per cent, per annum. By indorsement of the payee; claimant acquired this paper in *624the regular course of its…