Hewitt v. Traders' Bank

Citations

• 18 Wash. 326
• 51 P. 468
• 1897 Wash. LEXIS 166

Syllabus

<p>INSOLVENCY OF BANK — LIABILITY OF RECEIVER FOR TAXES — DEDUC- • ' TION OF DEBTS FROM CREDITS.</p> <p>The receiver of an insolvent bank is not liable for a tax assessed against the bank prior to its insolvency, but which had not become a lien on the bank property at the time of the receiver’s appointment.</p> <p>The receiver of an insolvent bank is not entitled to a deduction of debts arising on account of his trust from the credits in his hands belonging to the insolvent bank.</p>