People v. Horvatt

From the petitions, answers and voluminous affidavits it appears that the moving parties were directors of the State Bank of Binghamton from its organization, January 1, 1924, *804until it was taken over by the Superintendent of Banks for liquidation December 15, 1930. On September 26, 1931, subpoenas were served requiring each of said directors to appear before the Attorney-General to testify in regard to “ matters relating to the practices of State Bank of Binghamton and others in the issue, negotiation and sale of securities ” and to produce books and papers “ relating to the State Bank of…