Love v. Murry
Love, Superintendent of Banks v. Murry, State Treasurer
Opinion of the Court
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Holden, J.,
delivered the opinion of the court.
The only question involved in this ease is whether or not money belonging to the state of Mississippi, deposited in a bank which has not qualified as a state depository, is protected by the state bank guaranty fund.
The identical question was decided by this court recently in Wardlaw v. Planters’ Bank of Clarksdale, 131 Miss. 93 , 95 So. 135 , in which it is held that the funds of a municipality in such a case are protected by the state bank guaranty fund. The same rule applies here, and we decline to overrule the Wardlaw case; therefore the judgment of the lower court is affirmed.
Affirmed.
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