United States v. Parker

LUSE, District Judge.

These two suits were tried together upon stipulation of the parties, and as there are no material differences between them, they will be dealt with in a single opinion, with findings of fact necessary toscover both cases.

Prior to December 5, 1923, both the Bay-field County Bank and the Northern State Bank were duly organized under the laws of the state of Wisconsin and were transacting banking business as state banks at the city of Washburn, Bayfield county, Wis. On December 5, 1923, the banking commissioner of Wisconsin took possession of both of the banks pursuant to…