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GIVEN
Iron National Bank Not Entitled to Auto Company Stock, Ruling.
The defendant, the Iron National bank, not entitled shares stock of the Ironwood Auto Co. the grounds ruled Judge George O. Driscoll circuit court in an opinion handed down today. agree with defendant,' held, "that connection the granting the relief prayed plaintiff the court has the power and should grant defendant decree the plaintiff money Arthur for amounts upon $5,000 and $4,650 notes. Plaintiffs will have full costs to be taxed Involved The suit, started by Arthur and Washburn, against Daniel Waite, receiver of the Iron National bank, involved 189 shares the capital stock Ironwood Service Co. The defendant receiver and himbid 134 of the shares of stock, claiming that they pledged secure payment of executed by plaintiffs the defendant. The then filed suit to restrain the of the called pledge sale, to establish and right possession of the stock and obtain general relief. Reviews History. The opinion reviews history the the contained testimony briefs, and then says: stocks were actually pledged the bank came into its the ordinary course its business Washburn the bank books and ought disclose evidence that effect than appears. Neither discovery these stocks the files coincident to the arrival of bank examiner nor the fact that the examiner was misby finding them there view the other established facts, any argument favor of the defendant stocks are unauthorizedly placed as collateral without their knowledge and consent the owner cannot be bound because the examiner thereby misled not subject to the new federal cent Reynolds said opinion informal.
Judge G. Risjord today sentenced Frances Taumain Phillips, accused of violating condition parole, serve one two years the Taycheedah. Joe Jasik, Phillips, facing the sent the Waupun prison for one to three years. Convicted of field, Eldridge Griffin and Clifford Lansdorf sentenced to one two three years pectively in the Green Bay reformatory. Paul Herbst and Hoddy Johnson, accused burglary in Park Falls, were sentenced one three years at Green Bay.
Senator Leonard Fons, Milwaukee today announthat he will seek Republican for attorney Progressive ticket the September primary. AttorGeneral John Reynolds, has declined for re-election Fons will be opposed in the primary by Levi Bancroft, disattorney and the conservative Republican candidate that to reductions salaries Manager Henry Traxler today letters library, school and vocation school boards urging substantial in budgets. Traxler urged the tax reduced from $18 Serious financial stringency expected Jan when city take activities now paid for Rock county, Traxler said. accusof liquor law violations were arraigned today United Commissioner Cate. All furnisned bonds released pending preliminary hearings Aug Bond for Fred Martin, Sawyer county, set at $1,000. Anton Hopp, Sawyer county, and Tom Hayward, furnished bonds of $500 each.
C. Nelson, candidate for congress from the new eighth district, members of the Door county at here last night that that Wisconsin, whole, regained its prestige in is time." he said, "that the eighth some the benefits that the federal adpass that we and get what be state not the laughing stock of nation." Nelson outlined activities which expects will the nomination for him over George Schneider, who Door congress for county tions. years.
