Schertz v. First National Bank of Chester

This was an action of assumpsit commenced by the appellee against the appellant in the County Court of Woodford County, Illinois, and proceeded to trial before a jury, resulting in a verdict and judgment for appellee in the sum of $350, from which judgment this appeal is taken.

The appellee is a corporation duly incorporated under the United States Banking Act, in 1889. The appellant was a stockholder in the Husted Investment Company, a corporation under the laws of the State of Kansas, duly incorporated in 1888, owning three and one-half shares of its stock, of $100 each, and had been such…