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GRANADER v. PUBLIC BANK

No. 18877.

417 F.2d 75 (1969)

Harry GRANADER in his individual capacities of his separate businesses and as a stockholder and director of Public Bank, and as a member of the following classes; the classes being the stockholders of Public Bank, a Michigan banking corporation, and the Directors of the Public Bank, a Michigan banking corporation, Plaintiff-Appellant, v. PUBLIC BANK, a Michigan banking corporation et al., Defendants-Appellees.

United States Court of Appeals Sixth Circuit.

October 15, 1969.

Attorney(s) appearing for the Case

William I. Liberson, Detroit, Mich., for plaintiff-appellant; Cyril Abramson, (of counsel) Detroit, Mich., on brief.

George E. Parker, III, Detroit, Mich., for Federal Deposit Ins. Co.; Miller, Canfield, Paddock & Stone, Peter P. Thurber, Detroit, Mich., S. Rex, Lewis, Gen. Counsel, J. Lovering Trucott, Asst. Gen. Counsel, Washington, D. C., on brief.

John A. Ziegler, Jr., Detroit, Mich., for Bank of the Commonwealth, and others; Parsons, Tennent, Hammond, Hardig & Ziegelman, William H. Merrill, Detroit, Mich., on brief.

James J. Wood, Asst. Atty. Gen., Lansing, Mich., for State of Mich. and others; Frank J. Kelley, Atty. Gen., Robert A. Derengoski, Sol. Gen., Maurice M. Moule, Asst. Atty. Gen., Lansing, Mich., on brief.

Before WEICK, Chief Judge, and EDWARDS and PECK, Circuit Judges.

EDWARDS, Circuit Judge.

This is an appeal from a summary judgment entered by a District Judge in the United States District Court for the Eastern District of Michigan, Southern Division, in favor of defendants-appellees named above.

In its form this action is a civil suit for treble damages, alleging injury to plaintiff resulting from a conspiracy on the part of defendants to have defendant Bank of the Commonwealth...

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