Hughes County v. Security State Bank

Mí SER, C.

The Security State Bank of Blunt had on October 6, 1926, $7,664.64 belonging to Hughes county. On that day the superintendent of banks took charge of the bank for the purpose of liquidation. Since at least February 14, 1924, said bank had had county funds on- deposit. Prior to- May 24, 1926, the bank had been designated as a county depositary, on which date the amount of county money on deposit was $8,664.74. On May 6, 1926, appellant, Farmer, who was then the president of the bank, and one 'Dike, as sureties, executed a bond to the county conditioned as follows:

“Whereas, the county…