Burdick v. Schmitt

OPINION

By the Court,

Taber, J.:

This is an appeal from a judgment of the Second judicial district court, Washoe County, and from an order of said court denying a motion for new trial. Appellant was plaintiff in the action in the court below, and the original defendant was E. J. Seaborn, superintendent of banks. Leo P. Schmitt, as receiver of Tonopah Banking Corporation, was later substituted as defendant. In this opinion appellant will be designated plaintiff, and said banking corporation as the bank.

In October, 1932, appellant handed the bank, for collection, an investment certificate issued…