First National Bank-Detroit v. Tennant

This is a suit in chancery brought against the estate of Matthew Slush, deceased. At the time of his death Mr. Slush owned stock in the Guaranty State Bank of Detroit. He died testate, having named in his will two executors of his estate. About a'year after'his death the Guaranty State Bank consolidated with -the American State Bank of Detroit. The executors voted in favor of this consolidation, surrendered the stock of the- Guar anty State Bank and received in lieu thereof stock in the American State Bank issued in the name of Matthew Slush. Some time later the commissioner of the banking…