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FASH v. FIRST NAT. BANK OF ALVA, OKL.

No. 1455.

89 F.2d 110 (1937)

FASH, School District Treasurer, et al. v. FIRST NAT. BANK OF ALVA, OKL., et al.

Circuit Court of Appeals, Tenth Circuit.

March 30, 1937.

Attorney(s) appearing for the Case

W. L. Houts and H. C. Crandall, both of Alva, Okl., for appellants.

C. H. Mauntel and F. B. H. Spellman, both of Alva, Okl., for appellees.

Before LEWIS, PHILLIPS, and BRATTON, Circuit Judges.

BRATTON, Circuit Judge.

The First National Bank of Alva, Okl., was the designated and acting depository of school district No. 1 in that city. The bank was declared insolvent and suspended business on March 14, 1932, having $6,258.61 of school money on deposit at that time. Following our decision in Kavanaugh v. Fash, 74 F.2d 435, sustaining the pledge of certain assets to secure the deposit, the treasurer of the school district and...

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