Deseret Evening News | 1910-09-14 | Page 8 | Surety Companies Liable for School Funds

SURETY COMPANIES LIABLE FOR SCHOOL FUNDS Okla Sept St pt 13 Three surety companies banking hanking the th funds of or the Oklahoma hool land ami office on deposit 11 In the wre ked Columbia Hanking Trust frust company of or Oklahoma lt Ity when w hett the tho Institution In failed were vero held hoJ liable lIaNe for roi today by a It decision of ot the slate supreme court At the tho th same time the bank Ink guaranty fund was wn relieved I f of ot responsibility flaP for the tho same nime amount fly Sty the same court decision a Kansas c which already has hns paid II bonds minds on nn funds fund and sure suret tv t I companies protecting the th Oklahoma Only Y deposit approximately Z ire arc rl prevented 1 from trout the tho hank guaranty fund rund which In is thus thu 2 OOOO better hotter off oft by tho supreme court decision