District Court, E.D. Michigan March 20, 1934, 11024 (Hillsdale Grocery Co. v. Union & People's Nat. Bank)

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KNIGHT, District Judge.

On February 14,1933, wben a bank moratorium in the state of Michigan was declared by the Governor of that state, the Union & People’s National Bank of Jackson, Mich., as trustee in the estate of the Hillsdale Grocery Company, bankrupt, had on deposit in the Union & People’s National Bank $2,526.98.