Industrial Bank v. Reichert

In November, 1927, an .application was made to the commissioner of the banking department to organize the Industrial Bank of Wyandotte, one of the petitioners herein. The application was made under provision of Act No. 296, Pub. Acts 1917, and was approved by the commissioner February 10, 1928. Thirteen months later (March 14, 1929) articles of incorporation were forwarded to the banking commissioner and by him approved March 26, 1929. These articles were forthwith filed in the office of the secretary of State and also with the county clerk of Wayne county, where the bank is located.…