Wilson v. Shuler

The opinion of the Court was delivered by

Mr. Justice Cothran.

Appeal from an order refusing to appoint a Receiver of the Farmers’ Bank of St. George, S. C., upon the application of the plaintiff, a depositor in that bank.

The facts out of which the controversy has arisen are these:

At some time, presumably within 30 days prior to February 14, 1925 . (the precise time, does not appear in the transcript), the directors of the Farmers’ Bank met and duly passed a resolution, under Section 3981 of the Code, .requesting the State Bank Examiner “to take and retain sole possession and control of the…