Arizona Supreme Court June 19, 1929, Civil No. 2819. (Brecht v. Hammons)

LOCKWOOD, C. J.

Commercial Trust & Savings Bank, a banking corporation, hereinafter called the bank, was incorporated under the laws of the territory of Arizona in 1902, and conducted a banking business at Prescott, Arizona, from then until November, 1925, when it was closed and taken in charge for liquidation by A. T.