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Southern Reporter Volume 67.cAlabama Supreme Court
Southern Reporter Volume 67
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Author: Alabama Supreme Court
Page Count: 1104 pages
Published Date: 13 May 2014
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130556445
Download Link: Southern Reporter Volume 67
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...to release any of said deposit The petition closes as follows: "Petitioner submits further that the purported or ostensible claim of the Commercial Bank of Bogalusa against the said Bank of Angie for $11,000, as herein set out, has not been rejected, and he therefore prays that you submit this objection to the payment of same to the honorable Twenty-Sixth judicial district court of Louisiana for Washington parish, in accordance with the provisions of section o of Act No. 300 of the General Assembly of Louisiana, for adjudication thereon." On receiving this petition the state examiner of state banks presented his petition to the judge of said court who ordered the same to be filed, and service made on the special ageuts in charge of said banks. J. S. Brock, Jr., special agent In charge of the Bank of Angie in liquidation, intervened, and joined the plaintiff in opposing the allowance of the claim of the Commercial Bank to said deposit, and prayed that the same be rejected. Daniel T. Gushing, special agent in charge of the Commercial Bank of Bogalusa, filed an answer which may be stated as follows: 1. Respondent admits that the books of the Bank of Angie show a credit of $11,000 in favor of the Commercial Bank, but denies that that sum is held by said Bank of Angie as collateral security as alleged in the petition, and further denies that the Commercial Bank borrowed said sum, or any part thereof, from the Bank of Angie. Respondent further averred that, on the contrary, said Bank of Angle is and was Indebted unto the Commercial Bank of Bogalusa in the full sum of $11,000, for the reasons: That in December, 1912, the state examiner of state banks, on examination, found that the capital of the Commercial Bank had been impaired to...

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