Legal Opinion

People ex rel. Nelson v. Peoples Bank & Trust Co.

Appellate Court of Illinois

Decided May 25, 1933No. Gen. No. 8,607PublishedCited by 8 opinions

1Opinion of the Court

Mr. Presiding Justice Wolfe

delivered the opinion of the court.

The Peoples Bank and Trust Company of Rockford, Illinois, closed its doors for business on June 15, 1931. Soon thereafter the auditor of public accounts appointed Eugene Abegg as receiver for said bank. At the October term of the circuit court of Winnebago county, a suit in chancery was begun for the purpose of liquidating the bank’s assets, and a decree was entered in October of that year confirming the appointment of the receiver and providing for the liquidation of the assets of said bank through its receiver.

At the same term of…

2Cases cited4 opinions

  1. Paine v. Sheridan Trust & Savings BankIllinois Supreme Court · 1930
  2. Monson v. MeyerIllinois Supreme Court · 1901
  3. Milano v. Sheridan Trust & Savings BankAppellate Court of Illinois · 1926
  4. Paine v. Sheridan Trust & Savings BankAppellate Court of Illinois · 1929

3Cited by8 opinions

  1. Mutual Service Casualty Insurance Company, as Subrogee of Jo Daviess Services, Inc. v. Elizabeth State Bank, an Illinois State Chartered BankCourt of Appeals for the Seventh Circuit · 2001
  2. Johnson v. Citizens National BankAppellate Court of Illinois · 1975
  3. Douglass v. WonesAppellate Court of Illinois · 1983
  4. People ex rel. Nelson v. Peoples Loan & Trust Co.Appellate Court of Illinois · 1936
  5. St. Stephen's Evangelical Lutheran Church v. Seaway National BankAppellate Court of Illinois · 1976

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