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BRIDGE v. FIRST NAT. BANK-DETROIT

Nos. 5809, 5820.

5 F.Supp. 442 (1933)

BRIDGE v. FIRST NAT. BANK-DETROIT et al. EQUITABLE TRUST CO. v. GUARDIAN NAT. BANK OF COMMERCE et al.

District Court, E. D. Michigan, S. D.

December 12, 1933.

Attorney(s) appearing for the Case

Leo Wing and Alvin D. Hersch, both of Detroit, Mich., for plaintiffs.

Stevenson, Butzel, Eaman & Long and Lewis McCandless, all of Detroit, Mich., and Robert S. Marx and Carl Runge, both of Cincinnati, Ohio, for receiver of First Nat. Bank-Detroit.

Warren, Hill & Hamblen, of Detroit, Mich., for conservator for Guardian Nat. Bank of Commerce.

Nichols, Morrill, Wood, Marx & Ginter and Frank E. Wood, all of Cincinnati, Ohio, for receivers of First Nat. Bank-Detroit and conservator for Guardian Nat. Bank of Commerce.

KNIGHT, District Judge.

The plaintiffs are receivers appointed in equity suits. Acting as such they made certain deposits in the above-named banks. Some of such deposits were carried on the books of the bank as savings deposits, some commercial deposits subject to check, and some deposits evidenced by certificates of deposits issued by the bank. Some accounts bore interest. Each of the defendant banks is insolvent and in charge of a receiver appointed by the Comptroller...

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