Board of Commissioners v. Clapp

Citations

• 24 N.M. 522
• 174 P. 998

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>When trust funds have been commingled with the gen-' eral funds of a hank, before a trust upon such general funds can he imposed, as against creditors of the bank, it must appear that the trust fund in some form still exists and came into the hands of the receiver of the insolvent bank. Daughtry v. International Bank of Commerce, 18 N. M. 119, 134 Pac. 220, followed'.</p>