Reichert v. Bay City Bank

The receiver of the Bay City Bank, closed by the State banking commissioner September 2, 1931, appeals from an order allowing a claim.

Petitioner’s mother, Matilda Bartling, died about April 1, 1906, leaving four heirs-at-law. Petitioner did not know his mother possessed any estate until J anuary 20, 1932, when he was advised that she had a savings deposit of $1,386.96 in the Bay City Bank.

Petitioner had both commercial and savings accounts and was indebted to the bank on four notes, one of which was secured by collateral. On January 26th the collateral was sold and an accounting-had. The…