BARBOUR v. THOMAS

Nos. 7116, 7117.

86 F.2d 510 (1936)

BARBOUR et al. v. THOMAS et al. CONNOLLY v. THOMAS.

Circuit Court of Appeals, Sixth Circuit.

November 11, 1936.


Attorney(s) appearing for the Case

James Turner and J. O. Murfin, both of Detroit, Mich. (James Turner, J. O. Murfin, Frank E. Robson, George H. Klein, Lewis H. Paddock, Edwin C. Lewis, Charles B. Warren, Paul Voorhies, Angell, Turner, Dyer & Meek, Miller, Canfield, Paddock & Stone, Beaumont, Smith & Harris, Warren, Hill, Hamblen, Essery & Lewis, Clark, Klein, Ferris & Cook, Goodenough, Voorhies, Long & Ryan, and Lewis & Watkins, all of Detroit, Mich., of counsel), for appellants.

Robert S. Marx, of Cincinnati, Ohio (Nichols, Morrill, Wood, Marx & Ginter, of Cincinnati, Ohio, on the brief), for First Nat. Bank-Detroit.

William Henry Gallagher and A. W. Sempliner, both of Detroit, Mich. (S. Reymont Paul, of Detroit, Mich., on the brief), for Wm. F. Connolly, receiver.

Before HICKS and ALLEN, Circuit Judges, and WEST, District Judge.


HICKS, Circuit Judge.

Prior to 1929 there were in Detroit, Peoples Wayne County Bank, Bank of Michigan, and the Peninsular State Bank, banking corporations under the laws of Michigan; the Detroit & Security Trust Company, a trust company under the laws of that state; and the First National Bank. These corporations were independent units, though some of them operated numerous branches.

1929 was a year of bank consolidations and mergers in Detroit. As early...

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