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UNION GUARDIAN TRUST CO. v. SCHRAM

No. 8666.

123 F.2d 579 (1941)

UNION GUARDIAN TRUST CO. et al. v. SCHRAM.

Circuit Court of Appeals, Sixth Circuit.

November 5, 1941.

Attorney(s) appearing for the Case

James H. Spencer, of Detroit, Mich., (Dykema, Jones & Wheat, of Detroit, Mich., on the brief), for appellant.

Edward M. Brown, of Cincinnati, Ohio (Robert S. Marx, Frank E. Wood, and Edward M. Brown, all of Cincinnati, Ohio, and Roy G. Holmes and Carl Runge, both of Detroit, Mich., Nichols, Wood, Marx & Ginter, of Cincinnati, Ohio, on the brief), for appellee.

Before HAMILTON, MARTIN, and McALLISTER, Circuit Judges.

McALLISTER, Circuit Judge.

This suit was brought by the receiver of the First National Bank-Detroit to recover assessments levied upon stockholders of the Detroit Bankers Company. From an adverse decree, the Union Guardian Trust Company, as trustee for the estate alleged to be owner of the stock, appeals.

The pertinent facts are undisputed and may be briefly stated. On May 1, 1913, Henry Russel, George R. Russel, Walter S. Russel, John R. Russel, Sarah R....

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