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CITIZENS STATE BANK OF HUGO v. HALL

No. 40698.

413 P.2d 513 (1966)

CITIZENS STATE BANK OF HUGO, Oklahoma, Plaintiff in Error, v. Walter HALL as receiver of Bob McDougal Insurance Agency, Inc., Harry E. Rainbolt and Dale V. Dalton, Defendants in Error.

Supreme Court of Oklahoma.

Rehearing Denied April 26, 1966.

Attorney(s) appearing for the Case

Lon Kile, Hugo, for plaintiff in error.

Hal Welch, Hugo, for defendants in error.

IRWIN, Justice.

After a receiver had been appointed to take possession of the assets of a depositor of the Citizens State Bank of Hugo, and other court proceedings were had, the bank appropriated certain funds which were on deposit to pay a note which the depositor owed the bank. The bank in appropriating said funds was allegedly exercising its rights under the "banker's lien" statute, Title 42 O.S. 1961, Sec. 32, which provides...

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