Court Upholds Stockholders Liability in Maryland Bank Case
The Maryland Court of Appeals upholds stockholders liability for bank debts under Section 72 of Article 11, denying right to offset deposit balances. The decision, by Chief Judge Haermond Urner and Judge Arthord Wilant, centers on a receiver’s suit against Exivwin P. Abbe and others, finding stockholders liable to creditors despite alleged misrepresentation and bank insolvency at purchase. The ruling emphasizes that once a bank is in receivership, stockholders cannot rescind subscriptions to dodge debts, and dividends received do not bar creditor claims.
MENTIONED IN THIS ARTICLE
Haermond Urner
Arthord Wilant
Circus Cour
Genzal Tras
Erecy
Ghingher
Code of Public General Laws
Maryland
Evey Bank and ‘Trust Company
Stch
Central Trust Company
Central Trust
Tress
Tha & Was Thea
Trus
Tesciuen
Potchawe W
Dhe
Precalyer
Court of Appeals
Hich
Doorme
Ap- Lee
Graham
Ralroad Company
Asserion Br
Tve Menhs
Cerral Trust Company
Merarvhie
Aesos
Gere
Eansreeé
Iecrease Ol Carital Resul
Scott Ve Weese
Supreme Court of the United Sates
Ant
Bank of
Asid
Sceruca
Banks
Cosmopolitan Trust Co
Mass
Supreme Judicial Court of
A& Sult
Trust Company
T Hese
Ab.de Br Ft
Henderson
Crofts
Foster
Broas
Nho
Roosevelt signals move to recognize Cuban regime
President Roosevelt indicated readiness to recognize the new Cuban government, stating the regime has support from the Cuban people. In Washington officials noted a broad array of concurrent economic and international developments including currency devaluation debates and naval funding measures.
MENTIONED IN THIS ARTICLE
Washington
Roosevel
Senate
NRA
Hugh &. Johnson
Whiteside
Civision
Whitesides
Morgenthau
Federal Reserve Bank
Treasury
Capitol Bil
White House
House
Vinson
Tne House Naval Committee
Cuban Relations Co
Roosevelt
Cuba
Hans Luther
Germany
Johnstown Flood of 1829 and Notable Facts
A fragment notes the 1829 Johnstown flood in Pennsylvania. It also states Phi Delta Theta as the largest college fraternity and Omaha as Nebraska’s largest city.
MENTIONED IN THIS ARTICLE
Johnstown
PHI Delta Theta
Nebraska
Omaha
Bremer Kidnapping Suspect Update and Farm Sale News
Police outline a possible release plan for Edward Bremer after a ransom. authorities say the St Paul bank president may be freed within 24 hours as the kidnap gang contacted by Justice investigators gathers for the payoff. A 43 acre farm near Bloom Beth changes hands for about 4500 dollars. rainfall in Tillamook County, Oregon, is noted as the nation’s wettest.
MENTIONED IN THIS ARTICLE
S Paul Minn
Edward Bremer
St. Paul Hank
Bremer
Che
Kidmap
Minneapolis
Department of Justice
Government ready to step into ship operations if needed
Washington reports the Federal government may temporarily reenter ship operating activities to protect loans. Secretary Roper announced no new contraction loans for 60 to 90 days and a policy review of credit terms to safeguard public funds. Of 145 million dollars lent to the shipping board, about 126.2 million remains, with 40 million in arrears.
MENTIONED IN THIS ARTICLE
Washington
Roper
HH. Heimann Shipping Board Bureau
Shipping Board
Brady killed near Paola Kansas after prison escape
Brady slain by a posse near Paola Kansas after three escapes from prison. Authorities say Brady was identified as a life term inmate and three of the six convicts who fled with him were captured. Acher led 40 officers including guards and farmers in pursuit. one convict remained at large and another was arrested nearby.
MENTIONED IN THIS ARTICLE
Paola
Kans
Bob
Brady
Br 1
Kansas Penitentiary
Sheri
Joe Acher
Jim
Poe
Trial Ends In Murder Case At Chicago Court
The trial in Chicago ended with the judge terminating the case after a declaration of a mistrial. The proceeding featured Dr Alice L Wroekop and Dr Alece sluvping over death amid a court scene that unsettled the crowd and halted further action. A dinner gathering later that day at the home of Mr and Mrs Wesler M L Compher in Bethel drew many attendees.
MENTIONED IN THIS ARTICLE
Chicago
Alice L. Wroekop
Joseph B David
Alece
Farr Wrh
Dinne
Pauline Camphes
Virginia Hale
Evelyn Hale
Pauline Martz
Hilda Martz
Harold Zecher
Roland Long
Clark Moser
Donald Zechar
Also Mentioned on This Page
Maryland Law
Siam
Stephen A. Isuir
Ransas
Congress
Jim Tuscarora District
Bloom Beth
Raymond L Bite
Gras
Hommer
Tiamook County
Oregon
United States
U. 3. Bay
Vrs
Carty’s
Westinghouse Electric
Westinghouse Electric Refrigerators
Westinghouse Electric Vacuum Cleaners
Carty'’S
Westinghouse Electric Appliances
Westinghouse
Premier Furniture
Carty
C.c.car
ATV
Birtie
Wosnekeop Jary
Fortune
Sues
Houston
Philadelphia Social
C. E. Cline & Son Funeral Directors
Japan