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# DIVIDE COUNTY # APPEALS CASE # TO HIGH COURT Appeal from a decision of the Divide county district court in the case of Divide county vs. L. R. Baird, receiver of the First State Bank of Wildrose and C. A. Christianson, C. O. Trytten, J. H. Newhouse and Andrew Urseth as individuals was taken to the supreme court today by the receiver. The case will be watched with interest by state officials and bankers throughout the state since the point at issue will determine whether or not a bank has the right to pledge its assets to secure a deposit, thus creating preferences and establishing classes among its depositors. Decisions Will Be Important Decision of the case by the supreme court will have an important bearing on a proposal of Governor A. G. Sorlie to deposit funds of the bank of North Dakota in individual banks throughout the state on condition that the individual banks pledge sufficient of their assets to protect the state deposit. The point was raised two weeks ago at a conference between members of the state industrial commission and a committee of bankers at wnien the executive's proposal was considered. Final action by the industrial commission probably will be held up pending the supreme court's decision in the case.