Booth v. State
This text of 67 S.E. 803 (Booth v. State) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Hpon the failure of the.Neal Bank the State of Georgia, through its attorney-general, filed a petition for the appointment of a receiver. A receiver was appointed. Subsequently the State of Georgia by amendment, on intervention, alleged that the State had on deposit certain funds, to which funds the State was entitled in preference to other creditors. The application of the State was resisted by S. Booth et al., depositors. The court granted the prayer of the petition, and exceptions were taken thereto. Upon consideration of the writ of error the court held [164]*164(131 Ga. 750) that the judge reached the correct result from the evidence submitted; but as the ease was decided'in vacation, direction was given that the premature 'judgment be entered in term time, if at the time of entering the same the cáse before the court should not be materially changed. After the case was remanded, Booth and others amended their petition, alleging, that the Neal Bank was a State depository, and on May 20th, 1904,.had executed its bond with security, as required by law, as a State depository; that the Neal Bank is insolvent and the assets in the hands of the receiver are insufficient to pay. all of the creditors of the-bank; that objectors are informed and believe that there is other property, consisting of realty and personalty, which is subject to the State’s lien; and they j>ray that, inasmuch as the funds in the hands of the receiver are insufficient to pay the claims of the depositors and the State in full, the State be decreed to ássert its statutory lien to the extent of the bond given upon the real and personal property mentioned, which had been transferred by the bank prior to its failure,' and that the State of Georgia be directed to exhaust this property before participating in the common assets in the hands of the receiver.,- This amendment .was allowed subject to demurrer; and a rule nisi was issued, directing the receiver and the attorney-general to show cause why the prayer of intervenors should not be granted. The State of Georgia and the receiver filed their answers, the attorney-general setting up that in addition to the two sums set up in the original intervention, the State of Georgia had on deposit at the time of the failure of the bank, in the name of C. J. Wellborn, State librarian, the sum of $1,511.54, and in the name of W. S. Yeates, State geologist, the sum of $1,300.49, which amounts had been reduced by the receiver by the payment of certain sums therein specified. On the hearing Booth et al. urged that an issue of fact was made by this amendment, and moved that the case be submitted to a jury for the trial of such issue, which motion the court denied. The State of Georgia, through-its attorney-general, then moved to strike ihe amended intervention; the court granted the motion, and entered an order dismissing the intervention, and a judgment directing the receiver to pay over to the treasurer of the State of Georgia the amount of money standing in the name of the State, the amount standing in the name of the tax-collector of DeKalb county, the amount standing in the name [165]*165of the State librarian, and the amount standing in the name of the State geologist. " Exception is taken to these rulings.
Judgment affirmed in pari, and reversed in part, with direction.
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67 S.E. 803, 134 Ga. 163, 1910 Ga. LEXIS 145, Counsel Stack Legal Research, https://law.counselstack.com/opinion/booth-v-state-ga-1910.