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Supreme Court of South Carolina, 1927

Krey Packing Co. v. American Bank & Trust Co.

Krey Packing Co. v. American Bank & Trust Co.
Supreme Court of South Carolina · Decided September 27, 1927 · Stabler, Chiee, Watts, Messrs, Coth-Ran, Carter, Beease
139 S.E. 465; 141 S.C. 227; 1927 S.C. LEXIS 74 (South Eastern Reporter)

Counsel

Messrs. Graydon Graydon , for appellant, cite: Money deposited by appellant with respondent impressed with trust in favor of former: 60 S.C. 126; 118 S.C. 442 . When bank insolvent: 81 S.C. 244 . Bank a trustee ex maleficio in case at bar and held deposit subject to right of reclamation by depositor: 59 Fed., 233; 13 L.R.A. (N.S.), 185. Cases distinguished: 136 S.C. 516; 15 F.2d 586. Messrs. D.W. Robinson and D.W. Robinson, Jr. , for respondent, cite: Case of debtor and creditor; controlled by: 136 S.E., 515-517; 24 A.L.R., 1148; 13 F.2d 330 ; 15 F.2d 586; 12 F.2d 893.

Krey Packing Co. v. American Bank & Trust Co.

Opinion of the Court

The opinion of the Court was delivered by

Mr. Justice Stabler.

The judgment of the Circuit Court is affirmed for the reasons stated in the decree of his Honor, Judge Dennis.

Mr. Chiee Justice Watts and Messrs. Justices Coth-ran and Carter concur. Mr. Justice Beease disqualified.

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