First National Bank v. Road District No. 8

This is an appeal on leave granted to review a judgment of the Appellate Court for the Fourth District. The suit was brought by appellee The First National Bank of Jonesboro to restrain appellant, Road District No. 8, from proceeding with the prosecution of a suit at law for the recovery of certain moneys in the total sum of $3521.48, which were on deposit in said bank in a special account designated as “Road District No. 8 drainage fund.” Said bank also prayed for a decree determining the ownership of said fund and directing disbursement. All of the various claimants to the fund were made…