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STATE EX REL. STOWELL v. LITTRELL

No. 1 CA-CIV 1388.

14 Ariz. App. 203 (1971)

481 P.2d 889

STATE of Arizona ex rel. Franklin J. STOWELL, Superintendent of Banks, Appellant, v. Edward H. LITTRELL and First American National Bank, formerly known as First American Bank, Appellees.

Court of Appeals of Arizona, Division 1.

March 4, 1971.

Attorney(s) appearing for the Case

Gary K. Nelson, Atty. Gen., by Nicholas C. Gutilla, Asst. Atty. Gen., Phoenix, for appellant.

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears by Wilbert G. Anderson, Phoenix, for appellees.

HOWARD, Judge.

The Superintendent of Banks instituted an action against the appellees for the forfeiture provided in A.R.S. § 6-250, subsec. D. The complaint alleged in substance that while Littrell was an active salaried officer and director of the bank, he knowingly caused overdrafts in the total sum of $851.32 to occur to his checking account with the bank and that they knowingly honored and paid these overdrafts without complying with the mandates of A.R...

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