Lau v. Pontiac Commercial & Savings Bank

Frank H. Lau, receiver of Detroit, Pontiac & Owosso Bailway Company, a corporation, and of Detroit Construction Company, Ltd., a partnership association, on October 4, 1930, filed 'a bill of complaint against the Pontiac Commercial & Savings Bank and Hugh A. McPherson, receiver. Plaintiff alleges that the railway and construction companies between the years 1911 and 1917 planned and took steps to build a railway that was to run from Pontiac to Owosso, Michigan, and for that purpose acquired for terminal purposes approximately 5% acres in Waterford township, Oakland county,' Michigan. The…