Ivie v. Bailey

This action was brought in the Circuit Court of Adair County by the appellant against the respondents as directors of the Mutual Bank of G-reencastle, to recover the amount of deposits made by her in said bank. The respondents’ demurrer to the petition was by the court sustained, and upon the appellant refusing to plead further a judgment was entered for the respondents, from which appellant has perfected an appeal to this court, which has jurisdiction by reason of the constitutional questions involved.

The Mutual Bank of Glreencastle became insolvent and ceased to do business in May, 1925,…