Supreme Judicial Court of Maine April 21, 1908 (Flynn v. American Banking & Trust Co.)

Emery, C. J.

The American Banking and Trust Company, a Maine banking corporation, stopped payment by vote of its directors Dec. 22, 1896. Seven days afterward the Bank Examiner filed a bill in equity against the corporation for the sequestration of its assets and the appointment of a receiver to administer them. Two days later, Dec.