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News in Frederick, Maryland

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jan 23, 1934

Page

2

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.

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.

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.

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.

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.

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.

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.

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
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