Little v. Owensboro Savings Bank & Trust Co.'s Receiver

Opinion of the Court by

Chief Justice Hobson—

Affirming.

On January 10, 1906, L. Freéman Little purchased of the Owensboro Savings Bank & Trust Co., eleven shares of its stock for $1,650.00. He was then living in London, England, and had been living there for about two years. He continued to live there and drew the dividends on his stock, five per cent semi-annually, from that time until January 1, 1908. On April 25, 1908, T. A. Pedley was appointed receiver for the bank, it being insolvent, and brought an action for the settlement of his accounts. Little’s account with the bank was overdrawn…