Legal Opinion

McIlvaine v. City National Bank & Trust Co.

Illinois Supreme Court

Decided February 22, 1939No. 24993. Briefs stricken and cause continuedPublishedCited by 1 opinion

1Opinion of the CourtChief Justice Shaw

Copying verbatim from the brief of the appellants:

“This is a representative suit in equity, instituted by the named plaintiffs on behalf of themselves and all other stockholders and creditors of the Central Republic Trust Company, to enforce a derivative cause of action in favor of the Central Republic Trust Company for the value of the good will of said bank which, on and after October 6, 1932, was received and appropriated by the City National Bank and Trust Company of Chicago without the payment of any consideration therefor. On motion of defendants the trial court dismissed the amended…

2Cases cited1 opinion

  1. In Re DossIllinois Supreme Court · 1937

3Cited by1 opinion

  1. Old Salem Chautauqua Ass'n v. Illinois District Council of Assembly of GodIllinois Supreme Court · 1958

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