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News in Frederick, Maryland

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 15, 1935

Page

3

Bank verdict in Shriner-Lochner suit secures $1595.41

A Frederick County Circuit Court jury awarded the bank and Edward D. Shriner Jr. $1,595.41 in damages in a case over a stock sale and promissory note. The bank contends Shriner acted for the bank in the transaction with Lochner, while Lochner testified the sale was between Shriner and Lochner as private parties. Witnesses for the plaintiffs included A LeRoy McCardell and Arthur Myera, with Lochner and his daughter testifying for the defense.

Frederick County National Bank Edward D. Shriner Getignes Omcalnet Shriner Lochner Locimer Ita A. LeRoy McCardell Arthur V. Myera J. W. L. Carty William T. Delewter Board of County Commissioners Frederick County Natonal Bank McCardell H. Zacharias BE. D. Shriner, Jr Mr. Quynn Mr. Shriner, Jr Mr. Shriner Mr. Carty Carty Mr Lochner Mr. Lochner Myers

Bank stock dispute tests directors loan and sale blame

The case centers on a director’s stock deal with Shriner and Lochner, with the bank claiming no involvement. A jury awarded $1,503.41 to the plaintiff after testimony on stock sale, notes, and bank duty. Albert Brown and William Storm led both sides’ counsel in the heated dispute.

Ates Albert 8. Brown William M. Storm

Guffey Coal Act Upheld As Constitutional By Judge

Federal Judge Elwood Hamilton ruled the Guffey coal act constitutional and within Congresss power to regulate interstate commerce and general welfare. Seventeen coal firms with aggregate monthly assessments around 570000 challenged the new deal measure, but the decision allows operating freedom pending appeals.

Fouavdie Elwood Mamilion Congress Hamilton Imeatates Hanalton NRA

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