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SCHRAM v. COSTELLO

No. 998.

36 F.Supp. 525 (1940)

SCHRAM v. COSTELLO et al.

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

December 3, 1940.

Attorney(s) appearing for the Case

Robert S. Marx, Carl Runge, Lawrence I. Levi, and Orville J. Thill, all of Detroit, Mich., for plaintiff.

Clayton C. Purdy, of Detroit, Mich., for defendant Purdy.

Lawhead & Kenney, of Detroit, Mich., for defendant Staub.

LEDERLE, District Judge.

1. First National Bank-Detroit is a national banking association, of Detroit, Michigan.

2. Said bank closed its doors in the usual course of business at 12 o'clock noon Eastern Standard Time on February 11, 1933, and never thereafter reopened for normal banking business. The Comptroller of the Currency of the United States appointed a conservator for said bank on March 13, 1933, which continued until May 11, 1933, when the said Comptroller...

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