NATIONAL SURETY CORPORATION v. CITIZENS BANK OF ASHVILLE

Nos. 9246, 9247.

134 F.2d 888 (1943)

NATIONAL SURETY CORPORATION v. CITIZENS BANK OF ASHVILLE. CITIZENS BANK OF ASHVILLE v. NATIONAL SURETY CORPORATION et al.

Circuit Court of Appeals, Sixth Circuit.

April 13, 1943.


Attorney(s) appearing for the Case

Leslie R. Ulrich and Francis J. Amer, both of Cleveland, Ohio (Garfield, Daoust, Baldwin & Vrooman, and Clare M. Vrooman, all of Cleveland, Ohio, and Hugh M. Bennett, of Columbus, Ohio, on the brief), for National Surety Corporation, appellant.

James I. Boulger, of Columbus, Ohio, for appellee Citizens Bank of Ashville.

Before HICKS, SIMONS and HAMILTON, Circuit Judges.


HICKS, Circuit Judge.

The parties will be referred to as they appeared of record in the court below.

The plaintiff, Citizens Bank of Ashville, an Ohio corporation, transacted a banking business in Ashville, Ohio. The defendant, Cameron & Company, herein called Cameron, an Illinois corporation, was a licensed dealer in securities in Ohio. As a prerequisite to obtaining a license for 1934, Cameron on December 8, 1933, pursuant to Sec. 8624-20 of the Ohio...

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