Legal Opinion

Prairie State Loan & Building Ass'n v. Gorrie

Appellate Court of Illinois

Decided May 14, 1896PublishedCited by 2 opinions

Assumpsit, for money had and received. Appeal from the Circuit Court of Cook County; the Hon. Richard W. Clifford, Judge, presiding.

1Opinion of the Court

Mr. Presiding Justice Gary

deliveeed the opinion of THE CoUET.

The question in this case, is, which of two innocent parties shall suffer by the fraud of another. Jacob David was secretary of the appellant; the appellee held shares in three series of stock' of the association.

There is a new series quarterly, beginning in January, if the prospectus of the association is strictly followed, but in fact the fourteenth series was issued in the last quarter of 1886, and in the last quarter of 1890, the series was number only twenty-nine. In the fourteenth series one Yan Cleef held twenty shares upon…

2Cases cited5 opinions

  1. Citizens' Gaslight & Heating Co. v. A. O. Granger & Co.Illinois Supreme Court · 1886
  2. Brown v. BoothIllinois Supreme Court · 1872
  3. Hess v. RosenthalAppellate Court of Illinois · 1894
  4. Williams v. German Mutual Fire InsuranceIllinois Supreme Court · 1873
  5. Citizens Gaslight & Heating Co. v. GrangerAppellate Court of Illinois · 1886

3Cited by2 opinions

  1. Gliwa v. Washington Polish Loan & Building Ass'nAppellate Court of Illinois · 1941
  2. First National Bank of Hayward v. GerryAppellate Court of Illinois · 1915

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