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COLLINS v. SCHOOL DIST. OF BOROUGH OF TRAFFORD

No. 5318.

72 F.2d 339 (1934)

COLLINS v. SCHOOL DIST. OF BOROUGH OF TRAFFORD et al.

Circuit Court of Appeals, Third Circuit.

July 16, 1934.

Attorney(s) appearing for the Case

Carroll Caruthers, Fred B. Trescher, and Christ C. Walthour, all of Greensburg, Pa., for appellant.

Robert M. Carson and Paul S. Barnhart, both of Greensburg, Pa., for appellees.

Before BUFFINGTON, DAVIS, and THOMPSON, Circuit Judges.

THOMPSON, Circuit Judge.

This is an appeal from a decree of the District Court for the Western District of Pennsylvania. The appellant is the receiver of the First National Bank of Trafford. The appellee, the school district of the borough of Trafford, a municipal corporation of the state of Pennsylvania, had school funds on deposit with the bank. The school district and the directors of the bank entered into an agreement on September 28, 1931, whereby the bank was...

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