Hillmer v. Chicago Bank of Commerce

The Benevolent and Protective Order of Elks of the United States of America, a corporation, and John Marshall Law School, a corporation (hereinafter respectively called the Elks and Law School), creditors of the insolvent Chicago Bank of Commerce, appeal from five orders entered in this cause, a creditors’ suit to enforce the constitutional and statutory liability of the stockholders, as follows:(1) Order entered July 12, 1951, permitting M. L. Joslyn to file his petition offering to pay $57,100 in full settlement of the liability of his son George B. Joslyn (hereinafter called Joslyn), a…