Trustees of Schools of Township No. 33 North, Range No. 3 East of the Third Principal Meridian v. Farnsworth

Miriam E. Farnsworth was, on June 26,1930, elected by appellee treasurer of township 33 north, range 3 east of the third principal Meridian, La Salle county, Illinois. She executed a bond with the other appellants herein as sureties, in the sum of $200,000, the obligee on the bond being the board of education of said township. This bond was approved by the trustees and by the county superintendent of schools, as provided by law, and thereupon the treasurer entered upon the performance of her duties. As such treasurer she deposited the funds coming to her possession in the Ottawa Banking and…