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Docket Number
Attorney(S)
  • Mr. Jerome F. Pate, for appellant, cites: Where bank insolvent but still conducting business, paying check of depositor who had no notice, depositor protected: 59 F., 233; 128 Ga. 577; 62 S.E., 252; 77 S.C. 305; 57 S.E., 182; 155 S.C. 222; 152 S.E., 425; 204 P., 992; 21 A.L.R., 677. Check operates as an equitable assignment pro tanto as against drawer: 150 S.E., 137; 38 W. Va., 351; 18 S.E., 620; L.R.A. 1916-A, 711; 72 A.S.R., 259; 48 L.R.A., 565; 54 N.E., 946; 12 S.E., 245. Messrs. Dargan Paulling, for respondent, cite: "Liquidate" defined. Sec. 6940, Code 1932; 133 S.C. 446; 131 S.E., 612; 2 L.R.A. (N.S.), 83; 82 P., 582; 186 Ill., 440; 57 N.E., 1061; 53 L.R.A., 232; 78 A.S.R., 294; 7 C.J., 751. One holding check or draft of bank which becomes insolvent before same is paid, not entitled to preference: 136 S.C. 511; 134 S.E., 510; 150 S.C. 25; 147 S.E., 653; 159 S.C. 374; 157 S.E., 78; 60 S.C. 122; 38 S.E., 453; 144 S.C. 147; 142 S.E., 239; 77 S.C. 305; 57 S.E., 182.
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Cites
Cited by
Citation Codes
Equivalent Citations
citation codes
Docket Number
Attorney(S)
  • Mr. Jerome F. Pate, for appellant, cites: Where bank insolvent but still conducting business, paying check of depositor who had no notice, depositor protected: 59 F., 233; 128 Ga. 577; 62 S.E., 252; 77 S.C. 305; 57 S.E., 182; 155 S.C. 222; 152 S.E., 425; 204 P., 992; 21 A.L.R., 677. Check operates as an equitable assignment pro tanto as against drawer: 150 S.E., 137; 38 W. Va., 351; 18 S.E., 620; L.R.A. 1916-A, 711; 72 A.S.R., 259; 48 L.R.A., 565; 54 N.E., 946; 12 S.E., 245. Messrs. Dargan Paulling, for respondent, cite: "Liquidate" defined. Sec. 6940, Code 1932; 133 S.C. 446; 131 S.E., 612; 2 L.R.A. (N.S.), 83; 82 P., 582; 186 Ill., 440; 57 N.E., 1061; 53 L.R.A., 232; 78 A.S.R., 294; 7 C.J., 751. One holding check or draft of bank which becomes insolvent before same is paid, not entitled to preference: 136 S.C. 511; 134 S.E., 510; 150 S.C. 25; 147 S.E., 653; 159 S.C. 374; 157 S.E., 78; 60 S.C. 122; 38 S.E., 453; 144 S.C. 147; 142 S.E., 239; 77 S.C. 305; 57 S.E., 182.
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EX PARTE TOWN OF DARLINGTON COKER ET AL. v. BANK OF DARLINGTON, INC.,ET AL.

January 4, 1933. The opinion of the Court was delivered by

MR. CHIEF JUSTICE BLEASE.Page 249

The agreed statement of facts, and the decree of his Honor, Circuit Judge Dennis, in this case will be reported. All the exceptions are overruled, and the decree is affirmed. See the decision of this Court in the recent case of Ex parte G.D. Sanders, petitioner, appellant ( In re South Carolina Savings Bank, petitioner, In re The Liquidation of the Affairs of the Bamberg Banking Company, The South Carolina Savings Bank as Receiver, respondent), 167 S.E., 154.

MESSRS. JUSTICES STABLER, CARTER and BONHAM concur.

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EX PARTE TOWN OF DARLINGTON
(Jan 4, 1933)