The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-10-10

Present: The Honorable Neil z. Reid.
Circuit Judge.
In the Matter of the petition Of r.
A. Carroll, Receiver OF Utica state
Savings Bank. of Utica. Michigan
banking corporation, for the entry OF
ing, ratifying and confirming the hqui-
dation of said bank by said receiver and
his predecessor in office, discharging
said receiver, and dissolving SAID BANK
ing corporation.
On reading and filing the sworn pc
tition of r. A. Carroll, receiver of Utica
State Savings Bank. Of Utica, Micni-
gan, praying that this Court take Off.
cial Jurisdiction of the above entitled
matter for the purposes specifically
therein prayed, and that In the exercise
of its said jurisdiction, and upon due
proof of the premises alleged IN s1ro
petition. this Court enter an ORDER
approving. ratifying and confirming the
official liquidation of Utica State Saw
inRs Bank, of Utica. Michigan. by said
petitioner and his predecessor receiver.
as receiver and successor receiver, OF
said bank, including the official dis
charge of said petitioning receiver ana
decreeing dissolution of the corporate
existence of said banking corporation.
and for other and further relief as In
said petition prayed, and
1t further appearing from said petit
ZION tndt Dy TedSOn VI tuc uihitiphNty
of the parties in interest in said matter
and that many Of said porties In In
terest are nonresident or absent from
the State of Michigan, and there where
abouts can not be ascertained. and be-
cause of the diverse changes that have
occurred in the identity of the parties
interested by reason of death. transfers
of interest. or otherwise, personal serv-
ice on all of said parties in interest
could not be had without undue pretu-
dice to the equities OF the subject mat
tiers set forth and alleged in said petit
ton, but that the object and purpose OF
said petition as expressed IN the prayer
thereof is common to all parties OF d.
rect interest therein as a class. to-wt,
common to all of the stockholders and
creditors of said bank as a class, and
that because of inability to make said
sideration of the facts, matters and cir
cumstances set forth in said petition
and in due consideration thereof,
1T is HEREBY ORDERED. That each
and every creditor. stakeholder and
other person interested in the receiver
liquidation of Utica State Savings Bank
OF Utica, and in the discharge of said
receiver and the dissolution of the cor
porate existence of said Utica State
Savings Bank, Of Utica. be and appear
before this Court on Monday. the End
day of November. A. d. 1912, at the
circuit court TOOTH IN tne lily Oh MT.
Clemens. State of Michigan, At o'clock
p. NJ. on said day, or as soon there
after as counsel can be heard, and
THEN AND THERE TO SHOW CAUSE,
II any there be. why the prayer of said
petitioner should not be granted and an
order entered in said matter. approx
ing. ratifying and confirming the re-
cciver liquidation of Utica State Saw
ings Bank, of Utica. Michigan, and the
discharge of the petitioninR receiver
thereof, and the final dissolution Of
the corporate existence of said Utica
State Savings Bank. OF Utica. Michigan.
be dccreed. pursuant to the provisions
OF the statutes In such cases made and
provided, all according TO the prayer OF
the petition of r. A. Carroll. Receiver of
said Utica State Savings Bank. Of Uti-
ca. Michigan. and filed in this Court and
cause according TO the rules and prac-
tice thereof
1T is FURTHER ORDERED. and d.
rectcd that notice OF hearing on the
matters and things prayed for in said
petition and Of the day and time fixed
by this Court for said hearing. be serv-
ed personally on at least three deposit
creditors and on at least three stock
six days prior TO the date herein fixed
and designated for the hearing on said
petition. and that copy of this order be
published in the Monitor-Lead q news
paper printed, published and In gen
eral circulation in the County OF Ma
comb. State of Michigan, once each
week for three successive weeks. the
last publication thereof TO be A. least
six DAYS prior 10 the date fixed for said
hearing on said petition.
NEIL r. REID.
A true copy: Circuit Judge
| EUNICE r. ROSE,
Deputy Clerk
Countersiened:
| GUY l.. BROWN.
Clerk
HERBERT J. RUsHTON.
Attorney General
JAMES A. GREENE,
Attorney for Petitioner
Asst Atty General
! Business Address:
State Office Bldg.
Lansing, Michigan
Oct 3-io.i7-2%--M-L