Schram v. Werback

LEDERLE, District Judge.

Findings of Fact.

1. B. C. Schram is the duly appointed, qualified and acting Receiver of First National Bank-Detroit, an insolvent national banking association, under appointment of the Comptroller of the Currency of the United States, and defendants Werback are residents of this District.

2. First National Bank-Detroit closed its doors at 12:00 o’clock noon Eastern Standard Time on February 11, 1933, and never again reopened for normal banking business. Thereafter, ‘the Comptroller of the Currency duly found and declared said bank to be insolvent, and appointed a…