People v. Larson

In 1917 -defendant was a member of the banking firm of Brewster, Larson & Company, operat-' ing private banks at Copemish and Arcadia, in Manistee county, and Mesick, in Wexford county. By reason of losses occasioned by bad and worthless paper, the banks of Copemish and Mesick, in the latter part of the year 1917, were hard pressed for funds. In order to relieve this situation and restore confidence in the banks, defendant induced four farmers and one merchant living in the vicinity to become partners in the bank of Copemish and. Mesick, and induced each of them to advance $1,000 to the…