Court of Appeals of Kentucky (pre-1976) June 19, 1936 (Hundley v. Board of Education of Mt. Eden Graded Common School Dist.)

Opinion of the Coubt by

Judge Ratliff

— Affirming.

The Board of Education of the Mt. Eden Graded Common School District, lying in and .adjacent to the town of Mt. Eden, and partly in each Spencer and

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Shelby counties, Ky., became indebted to the Mt. Eden Bank in various sums of money. In May, 1932, the bank went into liquidation and the state banking commissioner, by its special deputy, P. T.