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  5. 856 S.W.2d 137 (1992)
 

MATTER OF CITY & COUNTY BANK

856 S.W.2d 137 (1992)

In the Matter of The LIQUIDATION OF CITY & COUNTY BANK OF KNOX COUNTY, Knoxville, TN. Claim of CITIZENS BANK OF SNEEDVILLE.

Court of Appeals of Tennessee, Eastern Section.

Permission to Appeal Denied March 22, 1993.

Attorney(s) appearing for the Case

D. Scott Hurley, with Claiborne, Davis, Buuck & Hurley, Knoxville, for appellant.

Boyd W. Venable, III, with Shanks & Blackstock, Knoxville, John Parker, with FDIC, Washington, DC, for appellee.

Permission to Appeal Denied by Supreme Court March 22, 1993.

OPINION

SANDERS, Presiding Judge (Eastern Section).

This is another appeal which has its genesis in the failure of one of the numerous "Butcher banks." On May 27, 1983, the Tennessee State Commissioner of Banking (Commissioner) closed and took possession of the City and County Bank of Knox County (C & C) in accordance with T.C.A. § 45-2-1502(c)(1). The Commissioner appointed the...

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