1915 - Life insurance... Department by the Improved Industrial Order of Wise Men of Muskogee, Okla., a fraternal order organized to write life, health and accident insurance.

1915 - Business & Economics.
OKLAHOMA: The Improved Industrial Order of Wise Men, Muskogee. Afro- American ( Colored ).

OSCN Found Document:IMPROVED INDUS. ORDER OF WISEMEN v. MUSKOGEE SEC. NAT. BANK
Oklahoma Supreme Court Cases.
IMPROVED INDUS. ORDER OF WISEMEN v. MUSKOGEE SEC. NAT. BANK
1929 OK 391.
280 P. 1087
139 Okla. 16
Case Number: 18445.
Decided: 10/01/1929.
Supreme Court of Oklahoma.
Cite as: 1929 OK 391, 139 Okla. 16, 280 P. 1087

¶1 This action was commenced in the district court of Muskogee county by the Improved Industrial Order of Wisemen, as plaintiff, against the Muskogee Security National Bank and the Grand United Order of Odd Fellows, as defendants. Later, upon motion, L. R. Kershaw, who had been appointed receiver of the defendant bank, was made a party to the suit.

¶2 Plaintiff alleged, in substance, in its petition, that it was a fraternal.
insurance company, with its principal office at Muskogee; that the Muskogee Security National Bank is the consolidated bank of the Muskogee National and Central State Banks, and as such assumed the obligations and liabilities of the Muskogee National Bank; that the Grand United Order of Odd Fellows is a.
fraternal Insurance company with headquarters at Muskogee: that, on the 18th of.
March, 1921, the plaintiff transferred from its checking account in the Muskogee.
National Bank the sum of $ 2,000, and placed it on time deposit and received.
therefor a certificate of deposit, a copy of which is as follows:

"The Muskogee National Bank No. 4248.
"Certificate of Deposit.
"(Not subject to check) Muskogee, Okla., Mar. 18, 1921.
$ 2000.00
"Improved Industrial Order of Wisemen. E. N. Guillory, Treas., has deposited in.
this bank Exactly Two Thousand Dollars. Exactly Dollars
100
"Payable to the order of E. N. Guillory, Treas., in current funds, 6 months.
after date on the return of this certificate properly indorsed, with interest.
until maturity only at 4 per cent per annum.
"No interest after maturity.
"This bank reserves the right to demand 30 days notice of withdrawal.
"L. C. Parmenter.
"Vice President."