Lund v. Skanes Enskilda Bank

In the spring of 1877 a banking firm, of Skow, Petersen, Isberg & Co., of Chicago, being insolvent, made an assignment of all its partnership property to Edward G. Mason, for the benefit of all its creditors. The resident partners of the firm were Skow, Petersen and Isberg.

A bank in Sweden entitled, “ Skanes Enskilda Bank, of Malmo, Sweden,” filed a bill in the Superior Court of Cook county, in the spring of 1878, against Mason, the assignee, claiming that the bank in Sweden was a creditor of the insolvent firm, and entitled to dividends from the assignee out of the proceeds from the…