Law on bond for state bank examiner debated in Montana letter
Attorney T F Nolan argues the Montana state bank examiner must furnish a bond to protect depositors. The piece details statutory duties to inspect banks, the need for bond coverage, and reading of may as shall to ensure public rights. It cites Montana cases endorsing mandatory action when public or third party rights depend on duty performance.
MENTIONED IN THIS ARTICLE
State Bank
Nolan
State Savings Bank
John M. Barber
The
T. F. Nolan
McGrath
Helena
State Board of Examiners
Montana
Stat Bank
Falthe
Omona
Daa
Partic
Ate
Board of Exams
Neach
Beneft Wheeler R
Supreme Court of Montana
Ational Hank Veraus Nell
Extel Stelfelvers District’ Court
Insolvent State Savings Bank Case Cited
The text argues for resolving doubt in favor of bank depositors in statutory construction to protect savers. It cites the State Savings bank insolvency, noting the examiner knew of it and that suits against the examiner lack bond coverage. Directors who received deposits will be pursued. suits must be in individual names, not association or committee.
MENTIONED IN THIS ARTICLE
State Savings Bank
State Savings Bank, Because the Present State Bank Examiner
State Bank Examiner
British Aviator Engages Zeppelin on Raid
London reports the second raid within two weeks on England’s east coast by a Zeppelin airship. A British aeroplane pursued and attacked the airship 30 miles offshore at 5:15 am, firing over two trays of ammunition before the pilot was knocked temporarily unconscious by a wing piece. The Zeppelin disappeared and the pilot returned to base. Casualty tallies are given for officers and men.
MENTIONED IN THIS ARTICLE
London
England
One Way Burlington Through Service Routes Described
A description outlines travel options via the Twin Cities or through Kan see City Omaha with a Northwest line or VIA DENVER and a direct line homeward through Billings. The note contrasts routes and destinations for onward journeys.
MENTIONED IN THIS ARTICLE
Burlington
Twin Cities
Pouriicgion
Kansee City
Omaha
Denver
Billings
Butte
Helena
West
Yellowstone Park
Gardiner
Cody
East
Kansas City
St. Louis
Chicago
Colorado Springs
Pueblo
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Business and Professional Directory of
A. H Cole
Thomas
West Park Street
Benedicr
Roy Rule
Arizona St
Capes
JUNK
Hample Junk Company
G. Hample
Mont
Butte Junk CO
Front St. Butte
Sam Schatz
Nevada Ave
Read Estate
Corner Park
Corona
Charles
Heaw Carey
West Granite St
Ines
Tidewate? Investment Co
Ing
Tor
West Broadway
Jones Storage & Transfer CO
Charles T. Philipson
F. Park
Richardson's Decorators
West Quartz
Globe Jewelry Company
East Park
Tripp & Dragstedt CO
South Main Bt
DR. P. 0. Holm
ABC
Hechtman’s Main Street
Montana Roofing Company
South
Wyoming
Kincs
Savings Bank
Aminer
Supreme Court of Tiaho
Dapoaitore
Boise State Bank, Limited
State Bank Examit of
Tiaho
Wna
Ict
Anheuser-Busch
U.S.A
St Louis
Means Moderation
Kentucky Liquor Co
Anaconda
Browne & Flanigan Co
Butte, Mont
Zeppelin
Mom
Burington
ST Louts
Burlington-Great Norther
Burlington-Northern Pacific
Bradt