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BARNETT v. AMERICAN SURETY CO. OF NEW YORK

No. 1134.

77 F.2d 225 (1935)

BARNETT, State Bank Commissioner of Oklahoma, v. AMERICAN SURETY CO. OF NEW YORK.

Circuit Court of Appeals, Tenth Circuit.

April 27, 1935.

Attorney(s) appearing for the Case

W. C. Austin, of Altus, Okl., and M. B. Cope, of Oklahoma City, Okl. (Robert B. Harbison, of Altus, Okl., on the brief), for appellant.

Stephen Chandler and R. W. Fowler, both of Oklahoma City, Okl. (John Tomerlin and Troy Shelton, both of Oklahoma City, Okl., on the brief), for appellee.

Before LEWIS and PHILLIPS, Circuit Judges, and KENNEDY, District Judge.

LEWIS, Circuit Judge.

On November 20, 1931, the Farmers State Bank, of Olustee, Oklahoma, a banking corporation organized under the laws of Oklahoma, became and was insolvent. It was taken over for liquidation by the State Bank Commissioner of Oklahoma. When the bank closed it was indebted to D. Buddrus as Cashier and Special Disbursing Agent of the Five Civilized Tribes, Department of the Interior of the United States, in the sum of $9,500 with interest by reason...

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