
    
      In re E. BEMENT’S SONS. APPEAL OF MICHIGAN SAVINGS BANK.
    Corporations — Insolvency—Receivers—Dividends—Interest— Collateral Security.
    This case, involving the right of a creditor of an insolvent corporation holding collateral security to receive interest on his claim after the date fixed for proving claims, follows the Appeal of State Bank of Michigan, ante, 530, presenting similar facts.
    Appeal from Ingham; Wiest, J.
    Submitted October 24, 1907.
    (Docket No. 14.)
    Decided December 30, 1907.
    Petition by the board of directors of E. Bement’s Sons for the voluntary dissolution of said corporation: On petition of the Detroit Trust Company, receiver, a reference to a commissioner was made. From an order overruling exceptions to the report of the commissioner, the Michigan Savings Bank appeals.
    Reversed.
    Wilkinson, Post & Oxtoby, for appellant.
    
      Edward Cahill, for appellee.
   Ostrander, J.

We agree with counsel for the receiver that the exceptions 8th and 9th, to the commissioner’s report, relied upon in this court, are to some extent argumentative and in that respect are objectionable. The 9th exception is, however, sufficiently specific to present the theory relied upon by appellant and its application to the case. The supplemental report of the commissioner apparently determines the right of appellant to interest in accordance with the rule stated in the matter of the Appeal of State Bank of Michigan in the same proceeding. All other questions presented are considered in the case referred to and are answered in favor of the appellant. An order may be entered in conformity with the opinion in that case. Appellant will recover costs of the appeal.

Carpenter, Grant, Blair, and Hooker, JJ., concurred.  