South East National Bank v. Board of Education

Mr. Presiding Justice Burke

delivered the opinion of the court.

On June 21, 1938, at the instance of plaintiffs and intervenors, as holders and owners of $122,000 of unpaid tax warrants of the Board of Education of the City of Chicago, the circuit court of Cook county entered an order directing a temporary injunction to issue, restraining one group of respondents from seeking to enforce two money decrees, totalling $6,477,214.65, theretofore entered by the circuit court of Cook county against the Board of Education in two separate actions in favor of 286 plaintiff-holders (including 82 of the…