Lane v. Nickerson
Illinois Supreme Court
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Superior Court of Cook county; the Hon. Samuel M. Moore, Judge, pre'siding.
1Opinion of the CourtJustice Scholfield
Bill was filed on the equity side of the Superior Court of Cook county, by certain creditors of the Franklin Bank, against subscribers to the capital stock of the corporation, to collect and distribute among the creditors the unpaid subscriptions.
It is alleged, among other things, that the bank ceased to do business, it was declared a bankrupt, and an assignee in bankruptcy was appointed, by decree of the District Court of the United States for the Northern District of Illinois; that complainants’ claims Avere duly proved in bankruptcy against the bank, but only 15 per cent of the amount due…
2Cases cited1 opinion
- Wincock v. TurpinIllinois Supreme Court · 1880
3Cited by11 opinions
- Loverin v. McLaughlinIllinois Supreme Court · 1896
- Sargent v. American Bank & Trust Co.Oregon Supreme Court · 1916
- McIlvaine v. City National Bank & Trust Co.Appellate Court of Illinois · 1942
- Falco v. Kaupisch Creamery Co.Oregon Supreme Court · 1903
- Commercial Bank v. WarthenSupreme Court of Georgia · 1904
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