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FIRST NAT. BANK OF WACO v. SHEEHY

No. 5331.

29 F.2d 400 (1928)

FIRST NAT. BANK OF WACO et al. v. SHEEHY. In re SOUTH BROS. TRUNK CO.

Circuit Court of Appeals, Fifth Circuit.

November 27, 1928.

Attorney(s) appearing for the Case

Allan D. Sanford and H. M. Richey, both of Waco, Tex., for appellants.

W. W. Naman, of Waco, Tex. (Spell, Naman & Penland, of Waco, Tex., on the brief), for appellee.

Before WALKER, BRYAN, and FOSTER, Circuit Judges.

BRYAN, Circuit Judge.

The District Judge affirmed orders of the referee in bankruptcy which required the appellant banks to pay certain bank deposits over to the trustee in bankruptcy. The banks take the position on this appeal that they had the right to credit the deposits on notes which they held against the bankrupt.

On September 17, 1926, the South Bros. Trunk Company had a deposit of $15 in the First National Bank of Waco, Tex., and owed that bank $17...

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