Harter Holding Co. v. Perkins

The Geo. D. Harter Bank, a banking corporation organized under the laws of Ohio, with its principal place of business in Canton, Ohio, was “taken over” by the superintendent of banks of tlxe itate of Ohio, pursuant to a resolution of its board of directors, and under authority of the provisions of the statutes of Ohio. This transaction occurred oxi October 22, 1931, axxd the laws in force at that time govern the proceedings.

Thereafter, a committee of persons who represented depositors and stockholders prepared a plan for the reopening of the bank and the resumption of business. Upon…