People v. Hager

Defendant appeals from judgment upon conviction of violation of 3 Comp. Laws 1929, §•§ 11922, 11947, providing in part:

“The total liabilities to any bank of any person or of any company, corporation, or firm for moneys advanced * * * shall at no time exceed one-tenth part of the amount of capital and surplus of such bank.” 3 Comp. Laws 1929, § 11922.

‘ ‘ EvePy officer, clerk, agent, or employee of a bank who shall knowingly aid or assist in a violation of any of the provisions of this act, shall be deemed guilty of a felony, and upon conviction shall be punished,” etc. 3 Comp. Laws 1929, §…