The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1897-08-12

THERE seems to be no end to sensations
Shove Banking Company. Suit was
brought on Saturday last by &C. Shove
against 81. F. Hubbard, sheriff Ninth, j.
8. Anderson and W. Fl. TimIln. The suit
Is brought TO recover money said to be
due Shove by Hubbard on an idemnity
bond given by Hubbard to the bank to
protect it from any loss it might sustain
in loanlng money to the Manltowoc Man
ufacturng Company. j. s. Anderson
and W. III. TImlin are made defendants
for the reason that they were co-purchas-
ers with Hubbard in the purchase OF the
Shove bank property. Sheriff Muth is
party by reason Of his official position
the injunction is to prevent the parties
named from collecting the Judgment OF
$1,000 secured against Shove, and to sat
isfv which the bank property and the
| Shove farm were sold.
| But this Is not the extent OF Shoves
operations who is bound to keep himself
/ before the public and which eventually
| will be TO his cost. He snes Hubbard
for $50, 600 the amount Of stock lie had
: In che bank. His complaint states the
bank was solvent when the assignment
was made and had surplus OF $1,000
He brings suit against Hubbard for
/ 5000 OF this surplus which with the
$500 on the judgment makes in all
$500 for which he brings suit. 10 ad-
dltlon he has enjoined the sheriff from
Issuing deeds for certain outlying lots
which were sold on sheriff sale. This
delays the execution of deeds and will
have no further effect except to hnr-
ASS and make angry the purchasers.
he brings suit against Henry Schmid,
for the recovery of property sold while
Mr.. Schmidt was sheriff. 1t Is a whole
sale style OF litigation which will raise &
storm the result of which no enc cal
foresee.
The suits are all brought in Whine
bago county. Phillips Il Hicks arr
Shove's attorneys, The judgment which
the sheriff has been enjoined from payins
has been paid. at least Hubbard, Ander-
son AM Timlim have been paid by som,
one who IN law has an equity of redemp-
ton. This person is the party who woulC
be IN danger If there WAS cause to appre-
bend any.
IT Is admitted here there was au idem-
nifty bond of the kind mentioned. If
had any value Shove should have listet
it as an asset of the bank when the as
signment WAS made. 1t was given IN lS9
but the loans made to the Mapitowo
Manufacturing Company by the banl
while Hubbard was a stock holder, wer
renewed to the concern after be had sew
cred his connection with 1t, which mad
the Manufacturing Company, an insol
vent concern, the only debtor. OF cours,
the suit would never have been brough
If Hubbard had not been successful u
his attachment suits,
The fact that Shove swears in his com
plant that the bank was eolvent at tb
time OF the assignment and as the credit
ors received only % per cent. and TIM
guaranty bond 0ac not listed may brin
about some proceedings of decided
Interesting character. A hearing on tn
Injunction Is to be heard at Oshkosh O.
the Dist. j. S. Anderson will appear 70
himself and TimliD for himself. Timlii
Is dangerous man to fool with, persis
tent as "a sleuth hound and with cour8g
enough to fight the devil. The next fe,
weeks may bring about interesting devel
ments.