Opinion

Leach v. Exchange State Bank

  • 200 Iowa 185
  • 203 N.W. 31
Court
Supreme Court of Iowa
Filed
Apr 7, 1925
Status
Published
On the bench
Albert, Arthur, De Grape, Evans, Faville, Stevens, Vermilion
Cited by
21 cases

The opinion

I am unable to distinguish the case before us from the Marathon

case; but, in studying this case in connection with the Marathon

case, I have become convinced that the decision of that case is wrong. That decision was based on Section 3825-a of the Code Supplement of 1913, which was a general receivership statute, and, I think now, was not intended to and did not apply to receiverships for banks, and did not supersede Section 1877 of the Code of 1897, which did apply to banks. Having reached this conclusion, I concur in the majority opinion in this case. *Page 199

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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