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DIERKS TELLERS WINDOW OF HORATIO STATE BANK v. HUNTER

No. 5-379.

268 S.W.2d 16 (1954)

DIERKS TELLERS WINDOW OF HORATIO STATE BANK v. HUNTER.

Supreme Court of Arkansas.

May 24, 1954.

Attorney(s) appearing for the Case

Royal L. Coburn and John L. Cecil, Washington, D. C, Hardin, Barton, Hardin & Garner, Ft. Smith, for appellant.

Steel & Steel, Nashville, Shaver, Tackett & Jones, Texarkana, for appellee.

GEORGE ROSE SMITH, Justice.

This dispute centers upon the question of whether the appellee, W. J. Hunter, had a deposit of $1,200 in the Bank of Dierks when it was found to be insolvent. By an arrangement with the Federal Deposit Insurance Corporation (FDIC) the liabilities of the insolvent bank were assumed by the appellant, Horatio State Bank. This suit was brought by Hunter to recover the sum of $1,200 after the appellant had refused to recognize his status as...

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