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RAYMOND UPHELD BY APPEALS COURT Setting Aside Service on J. Reed Parkhurst in Damage Suit Affirmed. Cincinnati, Ohio, Oct. The United of appeals Monday Judge Fred M. of Grand setting aside Reed Parkhurst of San Francisco, former president of the First National of Reed City, Mich. in the $50 Arthur Adamy of Reed City. Parkhurst left California selling bank stock to Adamy The bank later was declared insolclaimed he was under federal when he was served with notice Adamy's suit.
Directed Verdict For Bank Receiver Reed City, April 5.-In the case Philip Holman, the First National bank of Reed City, who sued Arthur Adamy of Reed City collect on two notes totaling Judge Hal L. Cutler Wednesday gave a directed verdict for plaintiff The judgment was for $13,106 and costs. The fternoon court session was devoted to a memorial service for Charles Withey. former Osceola circuit judge Speakers included: Attorneys Judson E. Richardson. William Umphrey, R. B. Savidge and Miler M Callahan: Claude Curtiss, court stenographer: Frank Turner and V. R. Davy of Evart, Judge of Probate August L. Johnston and Judge Cutler.
EX-BANKER SHOOTS SELF AT REED CITY Reed City, June 22.—(By AP)—J. Walter Parkhurst, 67, former Reed City banker, was dead here today, the victim of what Coroner George M. McDowell described as a self-inflicted bullet wound. Parkhurst, who headed First National bank of Reed City for many years, was found dead in an automobile. Members of a fishing party which found him said his hand held a revolver. He was president of the bank from 1904 to April, 1931. The institution failed in October of that year, and Parkhurst was sent to the federal reformatory at Chillicothe, Ohio, to serve a year for the misapplication of bank funds.
Reed City Bank Receiver Upheld In an opinion filed Monday District Judge Fred M. Raymond held against the Michigan Surety Co., intervening defendant in the suit brought by Philip A. Holman as receiver for the First National bank of Reed City against Arthur Adamy. Plaintiff sought to recover certain securities delivered to Adamy by the bank to indemnify him against loss as surety upon a bond given by the bank to Osceola county on county funds. No liability was enforced as to Adamy and he asserted no right to retain the securities. The Michigan Surety Co. entered the case for the purpose of asserting a lien upon the securities in question by reason of an alleged relationship of cosurety with Adamy, as the opinion explained.