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KORBLY v. SPRINGFIELD INST. FOR SAVGS.

Nos. 26, 27.

245 U.S. 330 (1917)

38 S.Ct. 88

62 L.Ed. 326

KORBLY, RECEIVER OF THE PYNCHON NATIONAL BANK, v. SPRINGFIELD INSTITUTION FOR SAVINGS ET AL. SPRINGFIELD INSTITUTION FOR SAVINGS ET AL. v. KORBLY, RECEIVER OF THE PYNCHON NATIONAL BANK.

Supreme Court of United States.

Decided December 10, 1917.

Attorney(s) appearing for the Case

Mr. Charles G. Gardner, with whom Mr. Edwin S. Gardner and Mr. Ralph W. Stoddard were on the brief, for Korbly, Receiver.

Mr. Boyd B. Jones, with whom Mr. William H. Brooks was on the brief, for Springfield Institution for Savings et al.

MR. JUSTICE CLARKE delivered the opinion of the court.

These two cases are appeals from the Circuit Court of Appeals for the First Circuit, which were heard and will be decided together.

The Pynchon National Bank, of Springfield, Massachusetts, with a capital stock of $200,000, divided into 2000 shares of $100 each, became insolvent and in June, 1901, the Comptroller of the Currency appointed a receiver to liquidate...

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