State v. American State Bank

This is a controversy between A. P. Ackerman, receiver of the American State Bank of Aurora, Nebraska, an insolvent corporation, and James R. Parney, claimant.

In a proceeding by the state of Nebraska to wind up the affairs of the bank, Parney filed a claim' for proceeds of lands sold by him through the agency of the Wentz Company, asserting the rights of a depositor and charging that Charles W. Wentz, managing officer of both the bank and the Wentz Company, collected for him his purchase money *130and fraudulently deposited it in the bank to the credit of the Wentz Company, and that the .bank…