WAUPACA REPUBLICAN POST

May, 1912

 

WEED CASE DISMISSED.

 

            The case of State vs. W.H. Weed and Thos. F. Wilson, for illegal banking was heard in Justice Scott’s court Saturday and the defendants were both discharged.

            Atty. W.E. Fisher of Stevens Point represented the defendants and had prepared a demurrer on the ground that the case against the banking firm of Weed, Gumaer and Co., under the new banking law was appealed to the Supreme Court and the company permitted by the findings of Justice Webb to continue doing business till the case was decided by the highest court.  This decision and the time limit for asking for rehearing gave the Weed and Gumaer Company technically till March 18, 1910 to keep its banking business in operation.  They closed March 12 of that year and the case was dismissed on the theory that the court will not punish a party for doing what the court in effect has invited it to do.