Schram v. Spencer

PICARD, District Judge.

This is an action brought by B. C. Schram, as receiver of First National Bank-Detroit, a national banking association, v. John T. Spencer, who was trustee in bankruptcy for The Freeman Dairy Company of Flint. Spencer in his final report erroneously recorded that the dividend due on all outstanding bonds, including a certain bond now held by plaintiff as collateral on a debt due said bank by R. L. Spitzley, had been paid. The Spitzley bond had never been presented for payment. This court on or about the 12th day of December last rendered an opinion upon which an order…