Legal Opinion

Sherwood v. Central Michigan Savings Bank

Michigan Supreme Court

Decided December 18, 1894PublishedCited by 29 opinions

Appeal from Ingbam. (Person, J.) Petition to require the receiver of the Central Michigan Savings Bank to pay to Daniel B. Johnson certain funds claimed to have come into the hands of the bank as agent before the failure.. The receiver appeals. The facts are stated in the opinion.

1Opinion of the CourtHooker, J.

The Central Michigan Savings Bank of Lansing closed its doors and went into the hands of the Commissioner of Banking on April 18, 1893, being insolvent. Subsequently, on a bill filed in the circuit court for the county of Ingham by the bank commissioner, George W. Stone was appointed receiver, and took possession of the *111property of the bank. On May 19, 1893, Daniel B. Johnson filed his petition in said cause, asking that the receiver be required to pay over to him the sum of $7,206.96, which he claimed that said bank held in trust for him, to the exclusion of the claims of other creditors. An…

2Cases cited12 opinions

  1. National Bank v. Insurance Co.Supreme Court of the United States · 1881
  2. Matter of Cavin v. . GleasonNew York Court of Appeals · 1887
  3. McLeod v. EvansWisconsin Supreme Court · 1886
  4. Nonotuck Silk Co. v. FlandersWisconsin Supreme Court · 1894
  5. Peak v. EllicottSupreme Court of Kansas · 1883

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3Cited by29 opinions

  1. Board of Fire & Water Commissioners v. WilkinsonMichigan Supreme Court · 1899
  2. City of Lincoln v. MorrisonNebraska Supreme Court · 1902
  3. Whitcomb v. CarpenterSupreme Court of Iowa · 1907
  4. Gillen v. Wakefield State BankMichigan Supreme Court · 1929
  5. Widman v. KelloggNorth Dakota Supreme Court · 1911

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