Article Text
Fidelity Hearing to Be Wednesday Final Accounting Will Be Explained Hearing on the final accounting in the Fidelity Bank Trust ordered held Wednesday by Circuit Judge Ormond Hunt, after counting had been submitted to him The accounting was ordered by Judge Hunt after Harry Fox appointed co-receiver with Walter Drake in tendered his resignation assume the duties receiver for the Detroit Trust An explanation of certain items the final made Wednesday by Paul attorney Receiver Fox. This. Judge Hunt pointed out, was made by informal objections the on the part of the State Banking The Commissioner, through Assistant Attorney General Byron Geller, pointed out that included in the assets stock the Detroit Bankers and the Group, Inc., held in the receivers' name. Wieselberg stated that he would that this stock was held only as collateral Objections were made, was stated, to the payment of $68,000 torney's fees, paid to Wieselberg and the firm Beaumont, Smith Harris. contended that these fees were not excessive for the amount of work the attorneys have done, claimed having been awarded by Judge Hunt. they were subject to question by the Attorney General's office.
